What are the risks with directors’ loans?
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…
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Sole traders – Is there a benefit to van ownership?
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…
Become an eco-conscious business – Taking advantage of Climate Change Agreements
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…
Confusion on savings interest – HMRC weighs in
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…
HMRC’s bookkeeping shake-up: New rules for 2025 and beyond!
As the 2025/26 tax year approaches, it brings several significant changes to HM Revenue & Customs’ (HMRC’s) rules that will impact your business operations, financial…
Christmas cheer or tax liability? How trivial benefits impact your business
With Christmas right around the corner, many of you might be looking into ways to spread the holiday cheer among your employees. Maybe you want…