Can a director become liable for unpaid corporation tax?
Directors of limited companies are generally not personally liable for unpaid corporation tax as limited liability usually protects them. A company is a separate legal …
Using the business to pay school or university fees
For owner-managed business to pay school or university fees through the company can appear attractive, especially if the company has surplus cash. However, tax consequences …
Section 455 tax and the change in the dividend upper tax rate
In personal and family companies, director shareholders often borrow money from the company. Where a company is close, as most personal and family companies are, …
APR and BPR and the £2.5m allowance
From 6 April 2026, the 100% rate of agricultural property relief (APR) and business property relief (BPR) is only available on the first £2.5m of …
Taking a dividend before 6 April 2026
As the tax year draws to a close, directors of personal and family companies should consider whether it is worthwhile taking a dividend before 6 …
Are you paying sufficient National Insurance for a full state pension?
State pension entitlement depends on a person having sufficient qualifying years, which in turn depends on them having paid or been treated as having paid …
Five year-end tax planning tips
As the end of the 2025/26 tax year approaches, it is a good idea to undertake a financial review and assess whether there is any …
Outsourced Finance Director UK: The Missing Piece Between Growth and Control
Turnover: £2.3 million.Team: 14 people.Sales pipeline: strong. But cash still feels tight. VAT quarters create pressure.Corporation tax feels bigger every year.Dividends are taken reactively.Expansion decisions …
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. …
