Capium is delighted to announce the continuation of its strategic partnership with one of the UK’s leading outsourcing providers, Unison Globus UK, for a further three years.

Unison Globus UK delivers outsourced accounting and tax services to over 100 accountancy practices and businesses across the UK. With additional cross-border expertise spanning North America, Australia, and the UAE, their global presence is supported by a team of over 650 professionals across five centres in India, including modern headquarters in Ahmedabad. In total, they serve more than 600 clients worldwide.

Exclusive Offer for Capium Customers

Capium customers can now benefit from an exclusive 20% discount on all new Unison Globus UK services, including:

• Digital Bookkeeping
• Company and Personal Tax
• Year-End Accounts Preparation
• Payroll
• Making Tax Digital (MTD) for Income Tax.

Unison Globus UK offers a fully flexible service model designed to ensure confidence and quality. They also provide a no-obligation trial, allowing you to work with a qualified professional for up to 10 hours free of charge. From onboarding to ongoing support, their process is designed to be seamless and responsive.

A Partnership Built for Accountants

Robert Grant, Head of Customer Experience at Unison Globus UK, said:
“This partnership continues to be a natural fit for our customers. Together, we aim to support accountants with solutions that help manage workloads, grow their practices, and save valuable time while reducing costs.”

Nicholas Cheyne, Director of Product and Growth at Capium, added:
“Capium offers unlimited user licenses, and being Cloud native is the perfect tool to complement accounting outsourcing. Unison Globus UK is the ideal partner to help accountants maximise these benefits while reducing operational costs without compromising on quality.”

Mutual Benefits of the Partnership

Our partnership delivers value to all customers:

• Capium customers receive 20% off Unison Globus UK services for the first year of service
• Unison Globus UK customers enjoy 20% off all Capium products for their first year.

Capium and Unison Globus UK will continue our joint programme of events and webinars, providing practical insights into outsourcing and offshoring work – helping UK accountants streamline operations, increase capacity, and drive sustainable growth.

The post Capium Extends Strategic Partnership with Unison Globus UK appeared first on capium.

[UK – August 2025] – Capium has confirmed that practices using its cloud platform have successfully completed their first Self-Assessment (SA) Making Tax Digital (MTD) quarterly returns for both UK Property income and Self-Employment tax as part of HMRC’s live pilot.

This achievement highlights not only Capium’s technical readiness for MTD for Income Tax (MTD IT), but also the ability of its accountant and bookkeeper clients to file seamlessly under the new requirements — well ahead of the April 2026 mandate.

A Defining Step Towards MTD for IT

The shift to MTD for IT is one of the most significant changes in UK tax reporting in decades. With quarterly updates due to become mandatory, early participation in the pilot is critical. By enabling firms to make successful submissions, Capium has shown how software and practice collaboration together can reduce disruption, ensure compliance, and give clients confidence during the transition.

This early success demonstrates the strength of Capium’s integrated approach: combining tax compliance, accounts production, bookkeeping, and practice management in one platform to streamline reporting and reduce the administrative burden on firms.

Leadership and Practitioner Perspectives

Tushir Patel, Co-Founder of Capium, said:

“These pilot submissions are a true testament to the dedication of both our team and our clients. From the very start, our mission has been to simplify compliance and empower accountants with the right tools at the right time. With these successful filings, we’ve proven that Capium is not only ready for MTD for IT, but also a trusted partner for practices leading the way into this new era of digital tax.”

Martyn Verity, Moorhurst Accountants, one of the firms involved in the pilot, commented:

“Having worked with Capium for many years, the product and team’s support remain outstanding. The challenges of MTD have been met head-on, and we are proud to have successfully filed and delivered our MTD returns ahead of the curve. Both the software and support have exceeded expectations. Capium is a strong partner for proactive accountants.”

This Matters for Accountants and Bookkeepers

For firms taking part in the HMRC pilot, the early filings provide valuable reassurance that:

• MTD compliance is achievable now – Pilot submissions show the process is already working.
• Quarterly updates are manageable – Capium’s platform integrates bookkeeping with tax to minimise workload.
• Client relationships are protected – Early adoption helps practices demonstrate readiness and build trust.
• A trusted partner is in place – Capium’s technology and support give firms the confidence to lead, not follow.

What’s Next

Capium will continue to support practices through the pilot programme, working closely with HMRC to ensure readiness across all income types. In the coming months, the company will:

• Extend quarterly update capabilities across all relevant income sources.
• Provide resources and training to help firms manage the MTD transition.
• Enhance its cloud suite — spanning tax, accounts production, bookkeeping, payroll, AML, and practice management — into a fully unified solution for practices.

The post Capium makes first successful SA MTD submission appeared first on capium.

Starting from 25 February 2025, businesses and individuals who conduct anti-money laundering (AML) supervised activities, such as company formation agents, solicitors, accountants, and chartered secretaries, will need to register as Authorised Corporate Service Providers (ACSPs) to carry out identity checks for clients with Companies House. 

What Does an ACSP Do? 

ACSPs play a crucial role in maintaining financial integrity by conducting identity checks and ensuring compliance with AML regulations. They may also file documents on behalf of clients in the future. 

How to Become an ACSP 

To qualify as an ACSP, your business must be supervised by one of the 25 AML supervisory bodies in the UK, such as: 

• HMRC 

• Financial Conduct Authority (FCA) 

• The Insolvency Practitioners Association 

You can find a full list of supervisory bodies on GOV.UK. 

Registering with Companies House 

From 25 February 2025, you’ll need to use the new ‘Apply to register as a Companies House authorised agent’ service to become an ACSP. Here’s what you need to know: 

• Who should apply? Individuals in senior roles, such as directors or sole traders. 

• What’s required? 

• Complete identity verification. 

• Provide details about the business. 

• Pay a £55 registration fee. 

• What happens after registration? 

• You’ll receive a digital account and unique identity number. 

• This will allow you to file information and perform identity checks for your clients. 

• Additional team members can be added to the authorised agent account after approval. 

Upcoming Guidance 

To assist with this transition, Companies House will publish detailed guidance on GOV.UK in early February 2025. 

By preparing early and completing your ACSP registration, you can ensure compliance and seamless operations for your business. Stay tuned for further updates from HMRC here.

The post Preparing for Authorised Corporate Service Provider (ACSP) Registration appeared first on capium.

We are thrilled to share an incredible milestone: Capium has officially surpassed 1 million filings to HMRC and Companies House! This achievement isn’t just a number; it’s a testament to the trust and confidence that accountants across the UK have placed in us. 

To every accountant who has chosen Capium to manage and streamline filings for your clients, thank you. This success is a shared one, and we’re deeply grateful for the role you’ve played in making it possible. 

A Milestone Built Together 

Behind every filing lies a story of dedication, accuracy, and teamwork. Accountants work tirelessly to ensure their clients remain compliant, and we’re proud to provide the tools that make this process seamless and efficient. From VAT returns to Annual Accounts, Capium has been a reliable partner, helping you save time and focus on what matters most – your clients. 

Why This Milestone Matters 

Trust in Innovation: Hitting over a million filings underscores the confidence accountants have in our software. It validates our commitment to offering solutions that are not just efficient but also compliant with the ever-changing regulations in the accounting world. 

Simplifying Compliance: Our mission has always been to make accountants’ lives easier by automating processes, ensuring accuracy, and fostering peace of mind. Crossing this milestone is proof that we’re fulfilling that mission. 

Supporting Growth: With every filing, we’re helping businesses meet their obligations, stay on track, and thrive. Together with accountants, we’re driving growth for businesses of all sizes. 

A Thank You to Our Community 

This achievement wouldn’t have been possible without you, the dedicated professionals who chose Capium as your trusted partner. Your feedback, loyalty, and commitment have been the backbone of our journey. 

Looking Ahead 

While we celebrate this moment, we know it’s only the beginning. At Capium, we’re constantly innovating and enhancing our platform to meet your needs and exceed your expectations. Keep your eyes out for Capium 365 this year – more on this later this year. Whether it’s adapting to new regulations, working with HMRC, introducing new features, or improving usability, we remain committed to empowering accountants to achieve even greater success. 

As we look to the future, we invite you to continue growing with us. Together, let’s aim for the next million filings, and beyond! 

Thank you for being part of this journey and for trusting Capium with your clients’ compliance needs. Here’s to many more milestones ahead!

The Capium Team.

The post Capium Celebrates Over 1 Million Filings to HMRC & Companies House appeared first on capium.

Starting from 31st January 2025, all European Union (EU) imports into Great Britain (GB) will require safety and security declarations. This marks an important update to import procedures that businesses need to be aware of and prepared for. 

Currently, businesses exporting from GB to the EU or importing from non-EU countries are already familiar with submitting these declarations. Now, this requirement will extend to EU imports to ensure consistent safety and security standards. 

Why Are These Changes Happening? 

Safety and security declarations play a vital role in combating the entry of illicit goods, such as drugs and weapons, into the UK. They also ensure that legitimate goods move smoothly through customs without unnecessary checks, supporting trade and security. 

What’s Changing? 

From 31st January  2025, the number of mandatory fields on safety and security declarations will be reduced from 37 to 20, simplifying the process. There will also be: 

• 8 conditional fields: To be completed only in specific circumstances. 

• 9 optional fields: These are entirely voluntary. 

This streamlined approach benefits everyone involved in the movement of goods. 

Who Is Responsible? 

The haulier or carrier moving goods across the GB border is legally responsible for ensuring that the required declarations are submitted. However, they can appoint a third party to manage this on their behalf. Businesses across the supply chain are encouraged to start discussions now to ensure readiness. 

How Can You Prepare? 

To help businesses get ready, HMRC has published resources on the safety and security page on GOV.UK. These include: 

• A comprehensive overview of the information required. 

• HMRC have provided a short explainer video, you can view it here. 

Additionally, businesses are encouraged to start submitting safety and security declarations ahead of the deadline to familiarise themselves with the process. 

Stay Informed 

HMRC will continue to share updates and guidance on this topic in the weeks ahead. Visit the safety and security page regularly to stay informed and ensure a smooth transition. www.GOV.UK  

By planning ahead and staying informed, businesses can adapt to the upcoming changes with confidence. 

The post Message from HMRC: Preparing for New EU Import Safety and Security Declarations in Great Britain appeared first on capium.

As an accountant, your clients look to you for expert advice—and this year, staying informed is more critical than ever. With significant updates in the 2024 Autumn Budget, including the National Insurance (NI) rise, the landscape is shifting. Are you ready to guide your clients through these changes with confidence? 

Join us for an exclusive free webinar designed to equip you with the knowledge and strategies to navigate the latest tax updates. 

What You’ll Gain from This Webinar: 

In just 45 minutes, you’ll get a comprehensive overview of: 

• Personal Tax: Discover key adjustments and how to plan for your clients’ individual tax needs. 
• Employment Taxes: Learn about updates to PAYE and employment-related obligations. 
• Business Taxes: Understand the changes affecting businesses and actionable strategies for compliance. 
• Capital Taxes: Navigate Capital Gains Tax adjustments and their implications. 
• National Insurance: Get clarity on the NI rise and how to help clients manage increased costs. 
• VAT: Stay up-to-date on the latest VAT developments. 
• Stamp Duty: Explore changes impacting property transactions. 
• Making Tax Digital (MTD): Prepare for upcoming requirements to keep your clients on track. 

This session will arm you with practical insights to help your clients adapt seamlessly to the evolving tax landscape. 

Event Details: 

• Date: Thursday, 21st November 2024 
• Time: 12 PM 
• Duration: 45 minutes 
• Location: Online (Link provided upon registration) 
• Price: Absolutely FREE! 

Why You Can’t Afford to Miss This:

The 2024 Autumn Budget introduces pivotal changes that could significantly impact your clients’ tax planning. By attending, you’ll gain: 

• A clear understanding of how these changes affect personal, business, and capital taxes. 
• Expert strategies to proactively address client concerns, from NI increases to VAT updates. 
• The confidence to provide actionable guidance and plan for long-term success. 

Register Now and Take the Lead 

Don’t let your clients fall behind—this is your opportunity to be their trusted advisor during a critical time. 

? Click here to register and secure your spot today! 

Seats are limited, so act fast. Let’s tackle the 2024 Autumn Budget together—see you there! 

The post Autumn Budget Breakdown: Helping Clients plan for the NI Rise – Join our webinar appeared first on capium.

As the autumn mist thickens, the UK prepares for an eerie new era in economic policy with Chancellor Rachel Reeves wielding her pen to carve out the nation’s first Labour budget in 14 years. And on this haunted eve, whispers abound of chilling fiscal changes set to alter the landscape. It’s a Halloween budget spectacle like no other, where change lurks in every shadow. Here are five predictions that may haunt UK accountants and their clients long after the budget is unveiled: 

1. The Phantom of Corporate Tax Rises

Prediction: Like a ghostly apparition from the past, corporate tax hikes loom ominously over businesses, especially the largest and wealthiest. Reeves may reverse recent tax cuts, intensifying the gloom for big corporations. This chilling policy would align with Labour’s goals to bolster public services and rebuild infrastructure. 

Impact on Accountants: Accountants must summon their tax-saving strategies as corporate tax rises become a frightful reality. Companies may seek advice on dodging tax burdens like evading the taxman’s grasp. Strategic moves, such as profit distribution or cross-border planning, could become the stakes to ward off this spectral expense. 

2. The Haunting of Capital Gains

Prediction: Capital Gains Tax (CGT) rates may soon haunt the same floors as income tax, adding a bone-chilling twist for asset owners. By aligning these rates, Reeves could unmask a new horror for high-net-worth individuals, property investors, and business owners, targeting perceived tax loopholes and wealth disparity. 

Impact on Accountants: With an eerie urgency, accountants may advise clients to offload assets before the tax changes sweep in. Prepare for a flurry of sales as taxpayers brace themselves against a harsher CGT landscape. Accountants will need to exorcise traditional tax planning and explore ghostly new methods to keep wealth intact. 

3. The Wealth Tax Spectre

Prediction: Will Reeves unleash a wealth tax spectre to haunt the affluent? Or perhaps unveil a sinister new income tax band for the top earners? This move would echo Labour’s call for wealth redistribution, casting a dark shadow over high-net-worth households. 

Impact on Accountants: The spectral wealth tax would have accountants revisiting trusts and estate plans to defend their clients from hauntingly high tax rates. Expect increased guidance on tax-efficient wealth structures to keep the taxman from tightening his icy grip on their clients’ fortunes. 

4. The Curse of Digital Transformation

Prediction: HMRC’s march towards digitisation creeps closer, with Reeves likely advancing mandatory e-invoicing and digital tax services. Compliance and transparency are the stakes, but businesses could find themselves entangled in a web of new requirements. 

Impact on Accountants: Accountants must lead their clients through the labyrinth of digital tax tools, from e-invoicing to VAT automation. They’ll need to serve as protectors of compliance, ensuring businesses aren’t ensnared by the digital spectres looming in the tax landscape. 

5. The NIC Nightmare

Prediction: A National Insurance Contributions (NIC) nightmare could befall higher earners and the self-employed, with increases in contributions from the top income brackets. Labour’s intent to level NIC rates between employees and the self-employed might leave some taxpayers quaking in their boots. 

Impact on Accountants: Accountants will scramble to shield clients from this NIC curse. Payroll recalibrations and cost analyses will be essential for businesses, while the self-employed may consider incorporation or pensions to avoid NIC’s heavy-handed grip. 

Boo! Beware the Budget’s Shadows 

This year, Rachel Reeves’ Autumn Budget casts an ominous spell over UK tax policy, delivering a taste of the macabre to the nation’s accountants and clients. In an atmosphere of haunting change, accountants will be key players in helping businesses and individuals escape the clutches of reform, guiding them through treacherous tax landscapes and ensuring they emerge unscathed from the budget’s shadowy embrace. As Halloween approaches, prepare for these spine-chilling shifts and don’t let the budget’s ghouls catch you unprepared! 

The post What Haunts the Autumn Budget 2024? A Spooky Outlook for Accountants appeared first on capium.

Capium would like to share our new release with you all. Dividend Database within Self-Assessment – A comprehensive feature on how to efficiently use the dividend database feature in the self-assessment process. 

Dividend database is a new feature introduced within the Self-Assessment module to directly import dividend data from listed companies in the FTSE100 and FTSE 250 indices. Ensuring further accuracy and compliance, this will automatically find and fill dividend data into your SA100 forms.  

Here are the benefits of the dividend database feature in Capium’s Self-assessment module: 

• Automated Importing: Allows for the importing of dividend data for listed companies, specifically those within the FTSE 100 and FTSE 250 indexes. 

• Streamlined Process: Simplifies the process of filling out the SA-100 form by integrating the dividend database directly into the form. 

• Search Functionality: Users can search for clients and companies easily using the search button and drop-down lists. 

• Automatic Posting: The “Autopost” feature automatically posts all dividend entries after selecting the number of shares. 

• Bespoke Entries: Users can delete specific dividend entries if the client did not own the shares or receive the dividend at a particular time. 

• Manual Entry Option: Provides the flexibility to manually add dividends for companies not included in the pre-listed database. 

• Repeatable Process: The process can be repeated for any number of companies, ensuring all dividends are captured comprehensively. 

VIEW THE VIDEO.

What more to know about this?  BOOK A DEMO TODAY to find out more. 

The post Dividend Database within Self-Assessment appeared first on capium.

New Year Legislation and Changes from the Spring Budget for the 2024-25 tax year. From 6 April 2024 to 5 April 2025, these figures are in effect:

PAYE Tax and National Insurance Contributions

The standard employee personal allowance for the 2024 to 2025 tax year is:

• £242 per week
• £1,048 per month
• £12,570 per year

Tax Thresholds, Rates, and Codes

• Deductions depend on employees’ tax codes and income exceeding their Personal Allowance.

Tax bands and rates in England, Northern Ireland and Wales

 Tax bands and rates for Scotland

Class 1 National Insurance Thresholds and Rates

• Deductions apply to earnings above specified thresholds – see below.
• Rates vary based on earnings and specific categories.

National Employee primary contribution rates

Class 1A National Insurance: Expenses and Benefits

• Pay Class 1A National Insurance on work benefits given to employees.
• The rate for 2024 to 2025 is 13.8%.

Employer (secondary) contribution rates 

National Minimum Wage

Automatic enrolment

The thresholds for the 2024/2025 remain the same as the previous three tax years. 

New Statutory Rates: Statutory Maternity, Paternity, Adoption, Shared Parental, and Parental Bereavement Pay

• Rates and conditions for these payments apply from 7 April 2024.

The new Statutory Sick Pay rate is applicable from 6th April 2024 and the new parental statutory pay rates are applicable from the first Sunday in the new tax year – 7th April 2024. 

Student Loan and Postgraduate Loan Recovery

• Record and deduct repayments if earnings exceed thresholds.
• Rates and thresholds vary for different loan plans.

Company Cars: Advisory Fuel Rates

• Use advisory rates for mileage costs if providing company cars.
• Rates differ based on engine size and fuel type.

Employee Vehicles: Mileage Allowance Payments

• Pay employees for business mileage without reporting to HMRC.

Employment Allowance

• Eligible employers can reduce National Insurance liability by up to £5,000 annually.

Apprenticeship Levy

• Charged at 0.5% of the annual pay bill for employers with a total bill exceeding £3 million.
• An allowance of £15,000 is available to offset the levy.

For more information on the New Year changes, please visit HMRC’s website: https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2024-to-2025 

These changes are now live in Capium.

The post New Year Tax and Payroll Changes for 2024-25 appeared first on capium.

What’s so different about Capium’s Time & Fees module? 

Capium’s Time & Fees module offers the utmost flexibility to its users and super users! Capium’s Time & Fees offers an array of features which simplify time tracking and billing processes, enabling businesses to accurately record billable hours, streamline invoicing, and improve financial management. 

What more do you need from your Time & Fees software? 

The Time & Fees module integrates seamlessly with Capium’s Practice Management module; Capium’s Time and Fees software allows you to monitor and improve your practice workflow, employee and client activities, and record chargeable time simply on one platform. With this software, you can also generate employee/staff performance reports in a few quick and easy steps.

Join our webinar to see it in action

Join us for an exciting webinar where we will introduce and showcase our new Capium Time & Fees module’s exceptional features, and explore the cutting-edge functionalities of the software.

Whether you’re a sole practitioner or part of a larger firm, this webinar will equip you with the tools and insights you need to enhance efficiency and profitability in your practice.

Don’t miss out – Register now to discover the power of the new Capium Time & Fees module. 

Date: Wednesday 21st February 2024

Time: 12PM

Duration: Approximately 30 minutes

Registration link: Live webinar.

Looking forward to having you on the webinar!

The post Introducing Capium’s NEW Time & Fees Software for the Accounting and Bookkeeping Industry appeared first on capium.