If you have ever received an email from your accountant asking for updated ID documents, proof of address, or additional questions about your business activity, you may have wondered why it is necessary, especially if you have already been a client for years. It is one of the most common frustrations we hear from clients….
Starting a limited company is a big step. It’s exciting, but it also comes with responsibilities that can catch people out early on. We see the same issues crop up with new directors, so here are five of the most common mistakes and how to avoid them. 1. Mixing Personal and Business Money This is…
Electric company cars have been one of the most talked-about tax perks for limited company directors over the last few years. Low Benefit in Kind (BIK) rates made them incredibly tax efficient, and in some cases, almost a no-brainer. But with BIK rates gradually increasing, a lot of directors are now asking the same question:…
As the end of the tax year approaches on 5 April 2026, it’s a good time for small limited company owners to check whether they have used the tax allowances available to them. For most contractors, tax planning at this stage isn’t about complicated strategies. It’s usually just making sure that income and allowances have…
The short answer? Not really. Today’s Spring Statement was much quieter than a full Budget. There were no new tax changes, no surprise rate increases, and no major announcements that will directly affect most business owners or landlords right now. So if you were bracing yourself for something dramatic — you can relax. What is…
