craigwilliams, Author at Zen Chartered Accountants

Best Way to Lower Your Corporation Tax Bill: Contribute to a Pension

As a business owner, one of the most efficient ways to reduce your Corporation Tax bill—and extract value from your company—is through pension contributions. Not only do employer contributions reduce your company’s taxable profits, but they can also help you save on National Insurance and build long-term personal wealth. This article explores how contributing to […]

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What to Do With Excess Business Cash

Uncategorised / craigwilliams

Running a profitable, cash-generative business is a strong position to be in; however, holding onto too much surplus cash can lead to missed opportunities. With inflation eroding value and tax considerations at play, it’s worth exploring smart, strategic ways to use that capital more effectively. Here are some of the most effective options for UK

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Buying a business? Here are 5 things you need to do first

Uncategorised / craigwilliams

Thinking about buying a business? While it’s an exciting opportunity to take charge of your future and step into being your own boss, before you jump in, it’s worth taking a step back to make sure you’re making the right move. An established business can come with great perks like a ready-made customer base and

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5 signs that it’s time to change accountants (plus how!)

Uncategorised / craigwilliams

Let’s be honest; most of us stick with the same accountant for years, even when the service isn’t great. Why? Because it feels like the path of least resistance. What if we were to tell you though, that switching accountants is actually super easy? Staying with the wrong accountant could be costing you time, money,

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Why multiple income streams are key to success

Uncategorised / craigwilliams

Imagine waking up tomorrow to find your only source of income has vanished. It’s a nightmare scenario that many of us never prepare for. Whether it’s a job loss, a downturn in business, or an unforeseen life event, having all your financial eggs in one basket can leave you vulnerable. Think it wouldn’t happen to

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Relief for Furnished Holiday Lettings losses post April 2025

Uncategorised / craigwilliams

From 6 April 2025 onwards, furnished holiday lettings are treated for tax purposes in the same way as other residential lets, and residential lets and furnished holiday lets owned by the same person (or same persons) form part of the same property rental business. Prior to 6 April 2025, furnished holiday lettings had their own

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Looking ahead to Making Tax Digital for landlords

Uncategorised / craigwilliams

The way that many landlords will report details of their income and expenses to HMRC is changing from April 2026 onwards. This is when Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) comes into effect. Landlords who fall within the scope of MTD for ITSA will need to keep digital records, use MTD-compatible

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What do your employees actually want? Do you know?

Uncategorised / craigwilliams

Attracting and retaining top talent remains one of the biggest challenges for small business owners. The competition for skilled employees is fierce, and with workplace expectations continually evolving, understanding what your team truly wants is more important than ever. If you know what your employees want, you can create an environment that retains talent and

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Reporting 2024/25 taxable expenses and benefits

Uncategorised / craigwilliams

If as an employer you provided employees with taxable expenses and benefits in the 2024/25 tax year, you will need to ensure that you meet your reporting obligations in respect of those benefits. This will include providing information to HMRC and to your employees. The exact nature of your reporting obligations will depend on whether

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Taxation of company cars in 2025/26 and beyond

Uncategorised / craigwilliams

Employees with a company car available for their private use pay tax on the benefit. The amount that is charged to tax is a percentage of the list price of the car and any optional accessories, as adjusted to reflect any capital contributions made by the employee up to £5,000. The percentage, which is known

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craigwilliams

Best Way to Lower Your Corporation Tax Bill: Contribute to a Pension

What to Do With Excess Business Cash

Buying a business? Here are 5 things you need to do first

5 signs that it’s time to change accountants (plus how!)

Why multiple income streams are key to success

Relief for Furnished Holiday Lettings losses post April 2025

Looking ahead to Making Tax Digital for landlords

What do your employees actually want? Do you know?

Reporting 2024/25 taxable expenses and benefits

Taxation of company cars in 2025/26 and beyond

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