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 [...]
Are you eligible for free childcare whilst working through your Limited Company?
If you ask any parent what their biggest monthly expenses are, childcare will most likely appear near the top of that list! For many, childcare costs are second only to mortgage/rent payments. It may seem like these massive costs are [...]