News

We keep you updated

Regular updates on changes to tax rules, news from the world of accounting and the latest from F1 Accounting.

Company newsMay 2021

F1 Accounting awarded Silver Partner status with Xero

We’re proud to be a Xero Silver Partner, a status we’ve held since May 2021, reflecting our commitment to cloud accounting for our clients.

Xero Silver Partner
Budget & taxSeptember 2026

Autumn Budget 2026 confirmed for 28 October

The Chancellor will deliver the Autumn Budget on Wednesday 28 October 2026. We’ll post a summary of the key changes for businesses and individuals here shortly afterwards.

Budget & taxApril 2026

Income tax rates for 2026/27

Rates for England, Wales and Northern Ireland. The personal allowance reduces by £1 for every £2 of income over £100,000. Scottish rates differ.

Personal allowance£12,570
Basic rate 20%£12,571 – £50,270
Higher rate 40%£50,271 – £125,140
Additional rate 45%Over £125,140
Budget & taxApril 2026

Corporation tax rates

Companies with profits between £50,000 and £250,000 pay the main rate reduced by marginal relief.

Small profits rate19% up to £50,000
Marginal relief band£50,001 – £250,000
Main rate25% over £250,000
Budget & taxApril 2026

Employer’s NI and Employment Allowance 2026/27

Eligible small employers can use the Employment Allowance to reduce their employer’s National Insurance bill.

Employer’s NI rate15%
Secondary threshold£5,000 a year
Employment AllowanceUp to £10,500

Questions about a change?

Call 07528 871 335, Mon–Fri 8.30am–5.30pm, or send us a message.

Get in touch

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!) 

 

Address

F1 Accounting Limited

121 Lifstan Way

Southchurch 

Southend-on-Sea

Essex

SS1 2XG

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.