The April 2026 Blooming Newsletter highlights several key organizational updates and regulatory changes affecting sole traders, employers, and companies.
Key Internal Updates
- Team Growth: Cleophas joined the team in February as an Accounts Assistant.
- New Service Model: The firm has introduced three fixed-fee service packages to streamline billing.
- Digital Presence: A new website (www.bloomingltd.co.uk) and a new contact email (info@bloomingltd.co.uk) have been launched.
- Efficiency Tools: The firm now utilizes Engager for secure document sharing and Adfin for flexible payment options like Direct Debit.
Regulatory & Tax Compliance
- Sole Traders: Making Tax Digital (MTD) becomes mandatory starting 6 April 2026 for those with income over £50,000.
- Employers: New National Minimum Wage rates are in effect, including £12.71 for ages 21+. Additionally, Statutory Sick Pay and parental leave rights now apply from the first day of employment.
- Companies: Identity verification for company directors became mandatory as of November 2025 and is required to file confirmation statements.