Do I need an accountant for limited company?
If you’ve recently set up a limited company, or you’re about to, you’ve probably typed this into Google: “Do I need an accountant for limited …
Properties Held in Personal Names & Section 24 Mortgage Interest Relief Restriction
Introduction: The Impact of Section 24 on Property Owners If you’re a landlord holding properties in personal names, the changes brought about by Section 24 …
Are Mortgage Interest Rates Going Down? A Property Developer’s Guide
For property developers and business owners in the UK, understanding mortgage interest rates is crucial. The mortgage landscape can significantly impact the profitability and viability …
Why Your Accountant Can’t See Problems Early, and How Monthly Reporting Changes Everything
If you run a construction business in the UK, your accountant probably prepares your year-end accounts, files your corporation tax, maybe handles VAT and CIS. …
SSAS Pension Scheme vs SIPP: How Directors Save Up to £15,000 Annually
Pensions are often treated like a “later problem”. But for UK directors, pensions can be one of the most tax-efficient tools available right now — …
Overdrawn Director’s Loan Account: Hidden Section 455 Tax Risks for Directors
An overdrawn director’s loan account is one of the most common, and most underestimated, tax risks faced by UK company directors. It rarely starts as …
CIS Errors That Trigger HMRC Enquiries (and How Construction Firms Avoid Them)
If you’re a contractor in the UK construction industry, CIS (Construction Industry Scheme) is one of those things that can feel “fine”, right up until …
VAT Domestic Reverse Charge: How to Stop Overpaying VAT and Avoid HMRC Penalties
The VAT Domestic Reverse Charge (DRC) is one of the most misunderstood VAT rules affecting the UK construction industry and one of the most expensive …
Keeping digital records for MTD
One of the key requirements under Making Tax Digital for Income Tax Self-Assessment (MTD for ITSA) is the need to keep digital records for MTD, …
Jointly owned properties and MTD
Unincorporated landlords who had combined property and trading income in 2024/25 of £50,000 or more must comply with Making Tax Digital for Income Tax Self-Assessment …
Business rate changes ahead
From April 2026, many businesses may find that their business rate changes. This is as a result of the revaluation of properties for business rates …
Disincorporation of a company
In the not-too-distant past, incorporation was synonymous with automatic tax savings. However, successive governments have eroded these tax benefits. With additional administration and costs, many …
