Payrolling Employee Benefits Becomes Mandatory in April 2027: What Limited Company Directors Need to Know
Everything is set to change for how employers report and pay the tax due on employee benefits and expenses. April 2027 will see the government planning to make the payrolling of most Benefits in Kind (BiKs) mandatory, which is [...]
UK VAT Schemes Explained: Which VAT scheme is right for your business?
Ensuring your company is using the correct VAT scheme is important, as it directly impacts your business’ cashflow, admin workload, and its overall tax efficiency. So, if you’re already registered or are approaching the VAT limit, it’s important you [...]
Are pension contributions an allowable business expense for limited company directors?
Pension contributions are commonly one of the most utilised and tax-efficient expenses a limited company can pay on behalf of its directors. Whilst this is the case, many business owners can become confused when it comes to understanding whether [...]
Director’s loans explained: A complete guide for limited company directors
Director’s Loans remain one of the most underused and misunderstood areas of running a limited company. Whether as a limited company director you’re navigating your way through unexpected personal expenses, you’re managing your cash flow, or perhaps you’re just [...]
How limited company directors get paid: Salary vs dividends explained
Understanding how you’re paid when running your own limited company is a pretty important step, especially when it comes to maintaining tax efficiency and remaining compliant with HMRC. By ensuring you get the balance between salary and dividends correct you’re able to optimise your take-home pay whilst ensuring your [...]