HM Revenue & Customs (HMRC) has clarified that if your earnings from interest exceed £10,000, tax may apply depending on the account type. This clarification… Read More »Confusion on savings interest – HMRC weighs in
Taking advantage of green tax reliefs is a good way to reduce how much Climate Change Levy tax (CCL) your business pays. To get these… Read More »Become an eco-conscious business – Taking advantage of Climate Change Agreements
As a sole trader, it is only natural to look for opportunities to save money and maximise your earnings. One effective strategy is to consider… Read More »Sole traders – Is there a benefit to van ownership?
A director’s loan is money taken out of a company by a director that is not a salary, dividend, expense reimbursement or money that has… Read More »What are the risks with directors’ loans?
Nearly 900,000 companies were incorporated in 2024 – an 11.2 per cent increase compared to 2023. More entrepreneurs are recognising the benefits of limited companies.… Read More »Is 2025 your year to incorporate? Here are our top tips
If you are looking to plan your exit from your business, whether for retirement or to start your next venture, we know you want to… Read More »Employee Ownership Trusts – Your key to a tax-efficient exit?
Claiming allowable expenses when calculating taxable profit as a self-employed business owner is an important step in preparing your tax return. It will ensure you… Read More »Are you claiming the right office-based expenses?
Sometimes, paying your tax bill on time can be difficult when costs are high. If you miss a payment deadline or think you will miss… Read More »I am unable to pay my Income Tax bill – What can I do?
Directors have the ability to draw income from a business in several ways, including through the extraction of profits from the business, which can create… Read More »What is the most tax-efficient salary choice for you after the Budget?
If you are a sole trader or small business owner using a double cab pickup (DCPU) for your work, now is the time to consider… Read More »Should you buy a double cab pickup before April?
