Tax Advisory Firm in the UK: About Credora Consulting Limited

Looking for a tax advisory firm in the UK that actually explains things in plain English? If you run a business here, you already have a full-time job. Tax returns, bookkeeping and cash flow planning shouldn’t be a second one. That’s the gap Credora Consulting was built to close.

Who we are: a tax advisory firm in the UK

Credora Consulting is a tax and financial advisory firm helping business owners understand their numbers, stay compliant and plan for growth. We work with sole traders, limited companies, landlords and growing SMEs anywhere in the UK, by video call, phone and email, so there’s no need to travel to an office.

We started this firm because too many good businesses lose time and money to entirely avoidable problems: missed deadlines, unclear VAT status, no visibility into monthly cash flow, and decisions made on guesswork instead of data. Our job is to fix that, in plain language, without the jargon.

What we do

We cover every main area of UK tax for individuals and businesses, alongside the accounting and planning behind it. Most clients use more than one service:

Personal tax. Self Assessment, Capital Gains Tax, property income for landlords and Making Tax Digital for Income Tax, so HMRC deadlines and penalties never catch you by surprise.
Company tax. Corporation Tax returns, director salary and dividend planning, and Companies House filings including confirmation statements and annual accounts.
VAT. Registration, quarterly returns under Making Tax Digital, and choosing the right VAT scheme for your business.
Accounting and bookkeeping. Clean, accurate monthly records you can actually trust and use.
Payroll and employer taxes. Running payroll, PAYE and National Insurance, Real Time Information (RTI) submissions, benefits in kind and workplace pension auto-enrolment, so your team is paid correctly and on time.
Cash flow and financial management. Knowing where your money is going before it goes, not after.
Financial planning for growth. Turning your numbers into decisions: hiring, pricing, expansion and investment.
Outsourced CFO. Senior finance leadership without the cost of a full-time finance director: monthly management accounts, budgets and forecasts, KPI reporting and strategic advice to help you make confident decisions as you grow.

We work with the main cloud accounting packages, including Xero, QuickBooks and FreeAgent, all of which are compatible with Making Tax Digital. If you don’t have software yet, we’ll help you choose the right one and set it up.

Why it matters right now

Several tax and compliance changes are landing at once, and they affect individuals, companies and employers differently.

Sole traders and landlords

If you started working for yourself or letting property during the 2025/26 tax year, you need to register for Self Assessment by 5 October 2026. Missed it? Register now: if you still file and pay by 31 January 2027, you can usually avoid a penalty.

Making Tax Digital for Income Tax has also been mandatory since 6 April 2026 for sole traders and landlords whose qualifying income is over £50,000. Qualifying income means your turnover from self-employment and property before expenses, not your profit. The threshold falls to £30,000 from April 2027 and £20,000 from April 2028, so many more business owners will soon need to keep digital records and send quarterly updates to HMRC using compatible software.

Limited companies and directors

Director identity verification. Every company director must now verify their identity with Companies House. Existing directors must do it by their company’s next confirmation statement, and the transition period ends on 18 November 2026. Until they do, the company can’t file its confirmation statement.
Higher dividend tax. Since 6 April 2026, dividend tax has risen to 10.75% for basic-rate and 35.75% for higher-rate taxpayers, so it’s worth reviewing how you pay yourself through salary and dividends.
Software-only Company Tax Returns. HMRC’s free online service for filing company accounts and tax returns closed at the end of March 2026, so Corporation Tax returns now need commercial software.
Accounts filing changes. From April 2028, small and micro companies will have to file a profit and loss account with Companies House (though they can choose not to make it public), and all company accounts will have to be filed through software.

Employers

Employer National Insurance. Employers pay 15% on salaries above £5,000 a year, although eligible businesses can reduce the bill by up to £10,500 through the Employment Allowance.
Statutory Sick Pay from day one. Since April 2026, SSP has been payable from the first day of sickness absence, with no waiting days.
Benefits in kind through payroll. From 6 April 2027, company cars, fuel, vans and employer-provided medical benefits must be taxed through payroll instead of on P11D forms, with most other benefits following from April 2028.

VAT-registered businesses

VAT registration is compulsory once your taxable turnover passes £90,000 in any rolling 12-month period. All VAT-registered businesses must keep digital records and file returns using Making Tax Digital compatible software, unless HMRC has granted an exemption.

Many business owners are unsure which of these changes apply to them. Getting this right early is far easier than untangling it in January. We’ll be publishing full guides to the biggest changes shortly; for now, if you’re unsure where your business stands, that’s exactly the kind of question we’re here to help you work through.

Key dates for the months ahead

The main fixed deadlines coming up for UK individuals, companies and employers:

5 October 2026. Deadline to register for Self Assessment if you became self-employed or started letting property in the 2025/26 tax year.
31 October 2026. Deadline for paper Self Assessment tax returns for 2025/26.
7 November 2026. Making Tax Digital quarterly update due for the period 6 July to 5 October 2026.
18 November 2026. End of the Companies House identity verification transition period for existing directors and people with significant control.
30 December 2026. File your 2025/26 return online by this date if you also have PAYE income, such as a job or pension, and want tax owed under £3,000 collected through your PAYE tax code.
31 January 2027. Deadline to file your 2025/26 return online and pay any tax owed, plus your first payment on account for 2026/27.
7 February 2027. Making Tax Digital quarterly update due for the period 6 October 2026 to 5 January 2027.
5 April 2027. End of the 2026/27 tax year and the last chance to use this year’s allowances, such as your ISA, pension and Capital Gains Tax annual exempt amount.
6 April 2027. Making Tax Digital extends to sole traders and landlords with qualifying income over £30,000, and employers must start reporting company cars, fuel, vans and medical benefits through payroll.

Other deadlines run on a monthly, quarterly or company-specific cycle. PAYE and National Insurance are due by the 22nd of each month if you pay electronically. VAT returns and payments are due one month and seven days after each VAT period ends. For most limited companies, Corporation Tax is payable nine months and one day after the year end, annual accounts are due at Companies House nine months after it, and the Company Tax Return is due 12 months after it. We diarise all of these individually for each client.

Our approach

We explain, we don’t just file. You should understand your own numbers, not just receive a bill.
We work monthly, not just at year-end. Problems are cheaper to fix in the spring than in January.
We meet you where you are. A spreadsheet, a shoebox of receipts, or a full accounting system, we’ll help you build from wherever you’re starting.
We agree fees upfront. You get a fixed fee in writing before any work starts, so there are no surprise bills.

Why trust our tax advisory firm in the UK

Handing over your finances is a big decision. Here’s what you can expect from us:

Supervised by HMRC. UK law requires tax and accountancy firms to be supervised for anti-money laundering, and HMRC is our supervisor.
Authorised to deal with HMRC for you. Once you appoint us, we can speak to HMRC on your behalf, so you don’t spend hours on hold.
Professional indemnity insurance. We hold professional indemnity insurance covering the work we do for you.
A registered UK company. Credora Consulting Limited is registered in England and Wales, company number

Who we work with

Our clients range from single-owner shops and service businesses to growing companies with staff and multiple revenue streams, across sectors including retail, trades, hospitality, tech and professional services. If your business has outgrown guesswork, we can likely help.

What happens when you get in touch

Getting started is simple:

A free chat. A short, no-obligation video or phone call about your business, what’s worrying you and what you need.
A clear proposal. We recommend the services that fit and confirm a fixed fee in writing.
An easy switch. If you already have an accountant, we handle the handover and set up our authorisation with HMRC, so there’s no gap in cover.
Ongoing support. You get a named adviser, regular check-ins and a reminder before every deadline.

Frequently asked questions

Do I need an accountant as a sole trader?

There’s no legal requirement, and plenty of sole traders file their own returns. A good accountant earns their fee by making sure you claim every allowable expense, meet every deadline and avoid penalties, and by giving you back the hours you’d otherwise spend on it. With Making Tax Digital adding quarterly updates, many more sole traders now find that support worthwhile.

Should I be a sole trader or set up a limited company?

It depends on your profits, your plans and how you want to take money out of the business. A company can offer more flexibility for tax planning, but with employer National Insurance at 15% and higher dividend tax since April 2026, it isn’t automatically cheaper. We’ll run the numbers for your situation before you decide.

Do we need to meet in person?

No. Everything from our first chat to your year-end accounts happens by video call, phone, email and secure document sharing, wherever you are in the UK.

Does Making Tax Digital for Income Tax apply to me?

It depends on your qualifying income: your turnover from self-employment and property, before expenses. If it was over £50,000 on your 2024/25 tax return, you should already be using it. If it’s over £30,000 on your 2025/26 return, you’ll need to start from 6 April 2027, and over £20,000 on your 2026/27 return means starting from April 2028. Some exemptions apply, and we can check where you stand.

Can you take over from my current accountant?

Yes. We’ll contact your previous accountant for the records we need and set up our authorisation with HMRC. Most switches are straightforward and need very little from you.

How much do your services cost?

It depends on what you need and how complex your business is. After a free chat, we’ll give you a fixed fee in writing before any work starts.

I’m behind on my bookkeeping or I’ve missed a deadline. Can you still help?

Yes, and you’re not alone. We’ll help you catch up, deal with HMRC and put a system in place so it doesn’t happen again. The sooner you get in touch, the easier it usually is to limit penalties.

Explore our latest guides: Companies House identity verification for UK directors, how to reduce your company tax bill legally and accountants for children’s homes and supported accommodation.

Get in touch

We’d like to get to know your business. Stop guessing about your numbers. Book a free, no-obligation chat with our team about where your business stands right now. No jargon, no pressure, just a clear next step.