Contents How do Tax Deductible Expenses Work? Being able to claim tax relief on expenditure in a business is often the first point of focus for anyone trying to achieve tax efficiency and save money. … read more
Introduction Holding Companies are always a hot topic when it comes to tax planning, however many accountants are still struggling to give their client’s effective advice to get the most out of … read more
Contents Limited company tax loopholesWhat is the most tax efficient way to pay yourself as a company director?What is a Directors Salary?Calculating the optimal directors salaryShould I pay myself in … read more
Contents Introduction Electric company cars have been one of the biggest success stories in UK tax planning over the past few years. With very low Benefit-in-Kind (BiK) rates and the rise of salary sa … read more
Contents Introduction With the end of the tax year approaching, many company directors and shareholders are reviewing how they extract profits from their businesses. One issue that has become particul … read more
Contents Introduction As the 2025/26 tax year approaches its end on 5 April 2026, company directors should review their tax position before key allowances reset. For owner-managed businesses, tax plan … read more
Contents Background For many limited company directors, dividends have long formed the backbone of a tax-efficient remuneration strategy. A modest salary within National Insurance thresholds combined … read more
If you’re a business owner still reeling from this week’s Budget announcements, you’re not alone. After two difficult budgets in a row, this one may go down as the most business-owner-unfriendly … read more
Introduction Getting a discounted lunch with HMRC picking up part of the tab seems irresistible to most business owners, which is why subsistence claims top the list when it comes to the most popular … read more
Contents VAT Registration, Splitting Businesses, and Alternatives There are times especially in B2B situation when registering for VAT can be a benefit to a business because if your customers are them … read more
Contents Pros and Cons of Buying a Car Through a Limited Company Buying or leasing a car through a limited company can give you significant tax savings, but it is also the one area in which you could … read more
Contents Introduction For many small business owners the first time they hear about a director’s loan account is when they hear the dreaded words from their accountant that they owe their compan … read more
Contents Introduction Running a limited company comes with specific accounting responsibilities. This guide will cover everything you need to know about Accounting for Limited Company, from year end a … read more
Company names & trading names Why do people start multiple businesses The benefits of using a new company vs setting up a trading name Protecting a name Managing a limited company Summary FAQs The … read more
Contents Key takeaways Understanding pool cars and tax savings Tax benefits of pool cars for business The five rules Tribunal decisions Sole trader rules Summary Frequently asked questions With the be … read more
Contents Key takeaways The mechanics of alphabet shares in practice Structuring your company with alphabet shares Alphabet shares in family businesses Alphabet shares for employee incentivisation Navi … read more
Contents Key takeaways Why aren’t expenses as important for saving tax Making the most of your allowances and the basic rate band Dividend allowances Capital gains allowances Other allowances Pe … read more
Contents Hidden allowances How an accountant can help Business owners often build up savings over time and can either leave them in bank accounts, use them to buy certain investments or even lend them … read more
Contents How to save tax by setting up a limited company Why limited companies help you reduce risk in your business How being a sole trader helps you keep your costs down Why incorporating your busin … read more
What is a ‘tax year overview’ and why does it matter? Self employed people don’t have the luxury of getting a mortgage by providing their payslips. Small business owners don’t have that option … read more
Contents Value Added Tax Who Needs To Register For VAT VAT Registration VAT Rates VAT Schemes Summary FAQs Value Added Tax Having VAT explained to you by your accountant can sometimes seem overwhelmin … read more
Contents Introduction What Tax Does A Limited Company Pay Other Types Of Tax That Are Related To Corporation Tax Summary Introduction One of the reasons business owners really struggle with understand … read more
Contents What is a trivial benefit? Trivial benefits criteria Can limited company directors claim trivial benefits? Your questions answered Summary Many small business owners understand that it’ … read more
Contents BackgroundHow Worried Should You Be?Tax On Hiring Self Employed WorkersHow HMRC Decide On The Employment StatusSummaryFAQs Background With the upcoming changes to Employers National Insurance … read more
