We keep you updated

We provide our clients with regular updates on changes in taxation regulation, news from the world of accounting and, of course, information about the latest developments at F1 Accounting.

Company News

We are very proud to announce that in May 2021 F1 Accounting has been given Silver Partner Status with Xero Cloud Accounting Software.

Budget News

Income Tax

Limit at which people start paying tax to be raised from the current £12,500 to £12,750 from April 2021.

Higher Rate Income Tax

The higher rate threshold of 40% will be on earnings between £37,701 - £150,000 from April 2021 to March 2022 with earnings above £150,000 attracting 45%.

Corporation Tax

Currently the main rate is 19%.  This is to increase from April 2023 for businesses with profits above £50,000 incrementally, going up to 25% for profits over £250,000. 

Employers NI

Approximately 450,000 small firms will pay no Employer National Insurance.  The Employment allowance for those businesses that qualify will remain at £4k per year.

Office hours

Monday to Friday 8.30am to 5.30pm


Call us on 07528 871 335

(of course our favourite clients are free to call us anytime!) 



F1 Accounting Limited

121 Lifstan Way





Making an appointment

If you have any questions or wish to make an appointment please contact us:

Tel: 07528 871 335

Email: stuart@f1accounting.co.uk


Alternatively, please use our contact form.