Blog
A guide to buy-to-let
Buy-to-let properties can be a profitable investment, but you need an understanding of the tax implications to maximise your returns whilst ensuring compliance with HMRC’s guidelines. This guide will cover the tax considerations you need to know as a buy-to-let [...]
Introducing FreeAgent – the online accounting portal that’s Aardvark tried, tested and approved!
Here at Aardvark we’re really proud to include FreeAgent in both our Limited Company and Sole Trader monthly packages, as, in our professional opinion, it’s the best online accounting software out there! So if you’re new to running your own [...]
How Much Tax Can You Expect to Pay on an Electric Car, and What Are the Differences Between Leasing and Hire Purchase?
If you run your own Limited Company and are considering an electric car, do you know the taxable implications depending on the choices you make? In this blog we take a closer look at the tax you can expect to [...]
Focusing on YOU – practicing self-care for small business owners when running your own business
Running your own business and trying to make it a success is hard work, let alone without the added stress of everyday living, running a home, looking after your family and pets, staying fit and healthy, seeing friends…. The list [...]
Aardvark Accounting is now FCSA accredited
Here at Aardvark Accounting we’re proud to announce that we’re now an accredited member of The Freelancer and Contractor Services Association (FCSA). In order to become an accredited member, you must undergo an independent and stringent assessment of all of [...]
Limited Company director’s key dates throughout the financial year
Your responsibilities as a Limited Company director and what you need to file with Companies House and HMRC Directors of Limited Companies have legal responsibilities, such as filing/submitting various forms and returns to Companies House and HMRC throughout the [...]
Limited Company dividends guide
Understanding dividends as a Limited Company director can help you increase your tax efficiency and maximise your take-home pay. Whilst we recommend speaking to your dedicated accountant for specific advice, knowing a little bit about dividends yourself can be handy. [...]
2024-25 tax year rates and allowances
National Insurance & Tax Tax-free personal allowance - £12,570 Basic rate – 20% up to £37,700 Higher rate – 40% - from £37,701 to £125,140 Additional rate – 45% - above £125,140 National Insurance [...]
The Budget 2024
Chancellor Jeremy Hunt has just finished delivering his Spring Budget 2024, in which he said the Conservatives have a plan to 'grow the economy'. He confidently stated that his Budget will "unleash people power and put this country back [...]
How to maximise your tax efficiency before tax yearend 5 April 2024
Allowable expenses Claim all of your allowable expenses Maximise your trivial benefit allowances for all directors Keep receipts 6 years after accounting period ISAs Use your ISA allowance £20,000 taxed at 0% per year [...]
HMRC’s Crypto tax nudge letters
Crypto’s popularity has grown beyond anyone’s expectations in the past few years, and with more and more people investing or considering it, it’s worth understanding the accompanying tax implications, and what you could owe. In this blog we take a [...]
Salary vs dividends – what’s the perfect mixture for you?
One of the benefits of running a Limited Company is that you’re able to pay yourself a mixture of salary plus dividends in order to optimise your tax efficiency. The optimal amounts you pay will be determined by a number [...]