Blogs - CIGMA Accounting

Blog

Insights, guides, and updates across all aspects of tax and finance.

Latest Articles

Person uses a calculator and writes in a notebook beside a laptop on a wooden desk, with glasses nearby as a workspace scene.

Are you claiming all your allowable business expenses?

Aitch 09/07/2026

If you are self-employed, claiming all of your allowable business expenses can reduce your taxable profit and, in turn, the amount of Income Tax you pay. Allowable expenses are costs that are incurred

Crumpled white paper curved into an arc with the word RACISM in bold black letters on a white background.

Where do we draw the line between free speech and racism?

Aitch 08/07/2026

The volatile boundary between workplace speech, belief, and discrimination was recently ignited in a case that tested the sanctity of protected beliefs.

The dispute began when a white British

Small white desk calendar with a spiral binding standing on a light wooden table against a pale wall.

Tax Diary August/September 2026

Aitch 08/07/2026

1 August 2026 – Due date for Corporation Tax due for the year ended 31 October 2025.

19 August 2026 – PAYE and NIC deductions due for the month ended 5 August 2026. (If you pay electronically, the

Woman in a navy polka-dot shirt sits at a laptop, resting her chin on her hand in a tidy home office.

When did you last check your credit rating?

Aitch 06/07/2026

Many business owners regularly monitor their bank balance, sales and cash flow, but overlook another important financial indicator, their credit rating. Whether you are applying for finance,

A man in red shorts pushes a giant ball labeled 'PENALTY' uphill on jagged blue rocks, symbolizing overcoming a penalty or burden.

Company filing penalties you should avoid

Aitch 06/07/2026

Most company directors are aware that they must file annual accounts and a confirmation statement with Companies House. However, missing these deadlines can lead to unnecessary costs and, in some

Man in a navy suit and glasses works on a laptop at a kitchen table while a small child in suspenders taps his head from behind.

Child Benefit and the High Income Child Benefit Charge

Aitch 02/07/2026

The High Income Child Benefit Charge (HICBC) applies where an individual or their partner receives Child Benefit, and their adjusted net income currently exceeds £60,000. The charge may also apply