News & Articles
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Electric Car Schemes for Businesses: All You Need to Know
Electric Car Schemes for Businesses: All You Need to Know With talks of net zero targets and the importance of greener business practices growing in severity, many companies are trying…
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Director Remuneration Payments: Dividends or Salary?
Director Remuneration Payments: Dividends or Salary? As a director and shareholder of a limited company in the UK, deciding how to pay yourself – whether as a salary or dividends…
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Understanding VAT Rules for eCommerce Businesses
Understanding VAT Rules for eCommerce Businesses Running an online retail business in the UK comes with certain VAT obligations that must be properly followed. While understanding VAT may seem complicated…
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Why the UK Inheritance Tax System Needs to be Reformed and Simplified
Why the UK Inheritance Tax System Needs to be Reformed and Simplified Inheritance tax (IHT) is one of the most contentious taxes in the whole of the UK. Despite it…
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How to Deal with a Compliance Check on Your R&D Tax Credits Claim
How to Deal with a Compliance Check on Your R&D Tax Credits Claim It can be very worrying to find out that your R&D tax credit claim has been put…
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Everything You Need to Know About Preparing for a PAYE or VAT Visit
Everything You Need to Know About Preparing for a PAYE or VAT Visit If your business receives a notification that HMRC will be conducting a review or inspection of your…
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How to Check Whether You’ve Paid Sufficient NI for Pension Qualifications
How to Check Whether You’ve Paid Sufficient NI for Pension Qualifications As you approach State Pension age, it’s important to verify that you’ve paid enough National Insurance (NI) contributions over…
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What You Need to Know About the Change of Basis for Partnerships, LLPs and Sole Traders
What You Need to Know About the Change of Basis for Partnerships, LLPs and Sole Traders On 6 April 2023, HMRC implemented reforms to change the basis period via UK…
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Corporation Tax: Should You Pay Monthly or Quarterly?
Corporation Tax: Should You Pay Monthly or Quarterly? As a director of a limited company in the UK, you have some flexibility in choosing how often to pay corporation tax….
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What is the Optimal Director’s Salary for Your Business?
What is the Optimal Director’s Salary for Your Business? One of the advantages of being an owner-managed business is that you can decide how you pay yourself. Some business owners…
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Spring Budget 2023
The Spring Budget 2023 was announced by the Chancellor of the Exchequer, Jeremy Hunt, on 15th March 2023. The budget was presented as a solution to reducing soaring inflation as…
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Spring Budget 2022 – Highlights
Spring Statement 2022 Against a backdrop of rising inflation, Chancellor Rishi Sunak presented his first Spring Statement on Wednesday 23 March 2022. In his statement, the Chancellor announced a cut…
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Chris and his team gave us precisely the advice our business needed, even before we knew we needed it!
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