UHY Ross Brooke

UHY Ross Brooke Award-winning Chartered Accountants & Business Advisors UHY Ross Brooke - Newbury, Abingdon & Swindon Our focus is on you and helping you prosper.

We are UHY Ross Brooke a firm of Chartered Accountants providing business, tax and accounting services for individuals and businesses throughout the Thames Valley and beyond. With over 90 professional staff we are large enough to employ specialists in their field, but small enough to charge small firm rates and provide an individual partner lead service to clients. We are proud members of the UHY

Hacker Young Group of independent partnerships, an ambitious and forward-thinking Top 20 Group of UK chartered accountants.

If you're struggling to keep up with your payroll, how about giving Emma Simmonds, our Payroll Manager a call?
29/08/2026

If you're struggling to keep up with your payroll, how about giving Emma Simmonds, our Payroll Manager a call?

Payroll might feel routine, but small mistakes can quickly become expensive or time-consuming.In her latest article, Emm...
28/08/2026

Payroll might feel routine, but small mistakes can quickly become expensive or time-consuming.

In her latest article, Emma Simmonds Payroll Manager at UHY Ross Brooke, shares some practical payroll tips to help employers keep things running smoothly, stay compliant and avoid common problems.

From keeping employee information up to date to dealing correctly with changes in pay, pensions and statutory payments, good payroll processes matter more as a business grows.

If your payroll is becoming more complicated, or you simply want the reassurance that everything is being handled correctly, it may be time to review your current arrangements.

👉 Read Emma’s top payroll tips here:
https://www.ross-brooke.co.uk/emmas-top-payroll-tips/

And if you would like to discuss outsourcing your payroll or reviewing your existing payroll process, please get in touch with UHY Ross Brooke.

Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than ÂŁ50,000 have been req...
26/08/2026

Under Making Tax Digital (MTD) for Income Tax, sole traders and landlords with income of more than ÂŁ50,000 have been required to keep digital records and send quarterly updates to HMRC since 6 April 2026.

The first quarterly submission deadline, covering the first three months of the 2026-27 tax year, passed on 7 August 2026. HMRC have since issued a press release confirming that 436,000 taxpayers filed their first quarterly tax update by the deadline and reminding those who have not submitted their update to do so using HMRC-recognised software.

Slow uptake
HMRC’s press release reveals that as of 12 August 2026, over 570,000 taxpayers had signed up for MTD for Income Tax.
In August 2025, based on 2023-24 figures, HMRC estimated that some 864,000 taxpayers would need to sign up from April 2026, meaning that around one third of taxpayers who should have registered for MTD for Income Tax from April 2026 had not signed up.

HMRC’s response
From September, HMRC will sign up taxpayers who are required to use MTD for Income Tax for 2026-27, but who have not yet registered for the service themselves.

• Taxpayers can avoid being signed up by HMRC by signing themselves up now, ensuring their MTD details are correct at the outset.
• HMRC will publish guidance in late August to explain what taxpayers need to do if they receive a letter from HMRC about being signed up.

MTD for Income Tax should not be ignored, with HMRC reminding taxpayers that it is a legal requirement for sole traders and landlords earning more than ÂŁ50,000 from self-employment and property to comply, unless exempt (e.g. due to digital exclusion).
Taxpayers are also reminded that from April 2027, those earning more than ÂŁ30,000 from self-employment and property will be required to comply.

Penalties
While HMRC have confirmed that there will be no penalty points for late quarterly updates in 2026-27, penalties will still apply for late tax returns and late payments.

Quarterly updates do not replace the Self Assessment tax return. Those within scope of MTD for Income Tax must submit their quarterly updates in order to file their tax returns by 31 January.
A points-based penalty system will be introduced from 6 April 2027. Taxpayers will receive one point for each missed quarterly deadline and a ÂŁ200 fixed penalty once four points have accumulated.

If you have not yet registered for MTD for Income Tax and are concerned that it may apply to you, contact us as soon as possible so we can help you assess your obligations.

Growing businesses often find that the payroll process that worked perfectly well at 10 employees starts to creak at 20,...
24/08/2026

Growing businesses often find that the payroll process that worked perfectly well at 10 employees starts to creak at 20, 30 or 50.

Different contracts, pension schemes, benefits, salary sacrifice arrangements and increasing headcount can all add complexity. Relying on spreadsheets or one person who knows how everything works can quickly become a risk.

In our latest article, Emma Simmonds, Payroll Manager at UHY Ross Brooke, looks at some of the warning signs that a business may have outgrown its payroll arrangements.

If your business is growing, now could be a good time to review whether your payroll is still fit for purpose, rather than waiting until problems start to appear.

Our payroll team can help you put in place a reliable, scalable payroll service that keeps pace with your business.

👉 Read Emma’s article here: https://www.ross-brooke.co.uk/why-growing-businesses-outgrow-their-payroll-systems/

If you would like to review your current payroll arrangements, please get in touch.

The taxman doesn't know about my side-hustle, right?HMRC has launched a fresh summer campaign reminding people with “sid...
17/08/2026

The taxman doesn't know about my side-hustle, right?

HMRC has launched a fresh summer campaign reminding people with “side hustles” that extra income may need to be reported for tax purposes. The announcement specifically highlights people earning income from wedding services, online selling, content creation, freelancing and similar activities.

The key figure remains the ÂŁ1,000 trading allowance. If total income from side activities exceeds ÂŁ1,000 during the tax year, there may be an obligation to register for Self Assessment and declare the income to HMRC.

This is particularly relevant because HMRC now receives increasing amounts of information from digital platforms. Data from marketplaces and gig economy platforms can be matched against tax returns, making it easier for HMRC to identify undeclared income.

Importantly, not everyone selling online has a tax problem. Selling unwanted personal possessions is generally not taxable. However, regularly buying or making goods to sell, or providing services for payment, is likely to be treated as trading.

If you have a side hustle, you should:

🤔 Review any additional income streams.
🤔Check whether total trading income exceeds £1,000.
✍ Register for Self Assessment if required.
đź“Š Keep proper records from the outset rather than trying to reconstruct them later.

Early disclosure is almost always easier and cheaper than dealing with an HMRC enquiry.

If you’re worried about tax on trading income, please speak to us.

It's National Financial Awareness Day today 🔍 It's important to stay informed about your finances, and reducing the amou...
14/08/2026

It's National Financial Awareness Day today 🔍

It's important to stay informed about your finances, and reducing the amount of tax you pay can be a big help.

Seek tax advice and financial planning to help you make informed decisions for a secure future. Give us a call for a consultation and start planning for a solid financial foundation.

A brilliant day at Newbury Racecourse, where UHY Ross Brooke once again sponsored one of the July races.Our guests inclu...
21/07/2026

A brilliant day at Newbury Racecourse, where UHY Ross Brooke once again sponsored one of the July races.
Our guests included colleagues, clients and contacts, with highlights including inspecting the runners in the parade ring, choosing the best turned out horse, watching the race from the Royal Box and seeing our video on the big screen.
We have proudly supported this meeting for many years and remain committed to supporting local business and the wider Newbury community.
The Gipsy Kings rounded off the day in style.
Thank you to Newbury Racecourse for hosting, and our guests for making this such a memorable event.

UHY Ross Brooke has reached new heights. Around 100,000 feet, in fact! On 3 July, Speenhamland School launched a CAA-app...
21/07/2026

UHY Ross Brooke has reached new heights. Around 100,000 feet, in fact!

On 3 July, Speenhamland School launched a CAA-approved ultra-high-altitude balloon from its school field, carrying the UHY Ross Brooke logo into near space.

We were delighted to support the project as a Crew Module Sponsor and help inspire the next generation of young scientists here in Newbury.

Congratulations to everyone involved in such an exciting project. We cannot wait to share the mission photos and 360° footage!


https://gopro.com/v/39cd09c4-fefb-4561-835d-289b03967ae0

A very warm but enjoyable 2O26 UHY National Conference. Looking forward to next year’s already.
11/07/2026

A very warm but enjoyable 2O26 UHY National Conference. Looking forward to next year’s already.

Sarah Hardy, Shamila Jafri and Max Wheeler pictured at . Keeping up to date with changes and new functionality with A...
08/07/2026

Sarah Hardy, Shamila Jafri and Max Wheeler pictured at .
Keeping up to date with changes and new functionality with

Are they looking forward to the upcoming reporting that many and now have to file?

You decide! But they look happy here!

Address

2 Old Bath Road
Newbury
RG141QL

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

Telephone

+441635555666

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