Maximise Profits, Minimise Taxes and Gain Invaluable Business Insights
If you take a loan from your company and it is not repaid within nine months of the company’s financial year end, the company currently faces a corporation tax charge of 33.75% on the outstanding balance. From 6 April 2026, this rate is increasing by 2% in line with the increase to dividend tax rates. […]
Director’s Loan Tax Is Increasing From 6 April 2026 Read More »
The Government has announced an increase to the Approved Mileage Allowance Payment (AMAP) rates for employees/Directors using their own vehicles for business travel. Backdated to April 2026, the tax-free mileage rate for cars and vans will increase from 45p to 55p per mile for the first 10,000 business miles travelled in a tax year. The
The Government has confirmed that it intends to proceed with the proposed Companies House accounts filing reforms from April 2028. Under the original proposals, small companies and micro entities would have been required to file a profit and loss account with Companies House, bringing them more in line with larger companies. This would have meant
What are the forthcoming changes to Companies House Filings? Read More »
When we talk about protecting your bloodline, we mean protecting business value from leaving the family. For many business owners, transferring shares to children or other family members is a key part of long‑term succession planning. However, these well‑intentioned gifts can create unexpected risks. If shares in your business are gifted to family members and
Protecting Your Bloodline. How to Safeguard Family Wealth Read More »
Electric Vehicle Tax Relief attracts buyers with bold promises and clean incentives. However, smart buyers also study depreciation and timing. Therefore, the best deal rarely depends on relief alone. Instead, value comes from blending tax benefits with market prices. Moreover, businesses should compare new and nearly new options carefully. Consequently, this guide explains the numbers
Electric Vehicle Tax Relief: A Practical Guide to Smarter Car Buying Decisions Read More »
From the start of December 2025, the Financial Services Compensation Scheme (FSCS) protection limit has increased from £85,000 to £120,000 per eligible depositor, per authorised bank, building society or credit union. This change, announced by the Prudential Regulation Authority (PRA), strengthens the safety net available to both individuals and businesses in the event that their
FSCS Protection Limit Rises to £120,000: What It Means for Your Business Read More »
Every business owner should have one eye on their eventual exit. If it’s planned properly, a sale can reward you with the capital sum you deserve for years of hard work. Exit planning isn’t something to leave until the last minute it’s a process that ideally starts years in advance. This gives you time to
How do you actually find a buyer for your business? Read More »
Under the Financial Services Compensation Scheme (FSCS), eligible deposits are protected up to £85,000 per account holder, per banking licence. This protection applies if a bank, building society, or credit union fails and is unable to return your funds. In practical terms, this means that if your business holds, for example, £300,000 in a single
Bank Protection – What Business Owners Should Know Read More »
As the year draws to a close and the festive season approaches, many UK businesses are busy planning Christmas parties, team celebrations, and staff gifts. Before you finalise your christas plans, it’s important to understand how HMRC’s tax rules apply to staff entertainment and seasonal presents. This guide explains the key HMRC rules for Christmas
HMRC Rules for Christmas Parties and Staff Gifts 2025 Read More »
As the summer holidays progress, many business-owning parents face the annual challenge of keeping their children occupied. One productive — and often overlooked — option is involving your child in your business in a legitimate, structured way. Can My Child Legally Work in My Business? Children aged 13 and over can legally undertake part-time work