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
What to Do With Excess Business Cash
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
Buying a business? Here are 5 things you need to do first
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
5 signs that it’s time to change accountants (plus how!)
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
Why multiple income streams are key to success
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
Relief for Furnished Holiday Lettings losses post April 2025
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
Looking ahead to Making Tax Digital for landlords
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
What do your employees actually want? Do you know?
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
Reporting 2024/25 taxable expenses and benefits
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
Taxation of company cars in 2025/26 and beyond
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
The Official HMRC Rate of Interest
The official rate of interest is a rate set by HMRC which is used to calculate the benefit-in-kind tax charge on cheap employment-related loans, and
Pension savings in 2025/26
Putting money into a registered pension scheme can be tax-efficient. Individuals can make contributions in their own right, or even for someone else, and employers