Companies House Identity Verification becomes mandatory from 18 November 2025. This change affects every company director and every person with significant control (PSC). The rules are designed to clean up the register, cut fraud, and give businesses more confidence...
Business Entertainment Expenses: What You Can and Cannot Claim Business Entertainment Expenses confuses many owners. The rules feel strict and unclear. Most client hospitality is not tax deductible. VAT is usually blocked as well. However, a few exceptions exist. You...
How Salary Sacrifice Can Help Beat the Employer’s National Insurance Rise National Insurance is a Tax, let's see How Salary Sacrifice Saves Tax . From 6 April 2025, employers face an increase in their National Insurance costs. The employer’s NIC rate will rise from...
Dividends are a popular way for company owners to take profits from their business, but they need to follow the proper rules.If you’re a director and shareholder of a limited company, dividends might already be part of how you pay yourself. However, you need to...
Sole trader or limited company and Choosing your business structure to save tax ? Previously I talked about the differences between a sole trader and limited company. What you need to consider when deciding what business structure, you should adopt. You cannot make...
Should you be a sole trader or a company? You might think it is just about the name, but there are many other things to look at when considering whether you Should you be a sole trader or a company?. The choice will impact on many areas of your business, for example...
Tax-free company benefits Today I'm going to talk about trivial benefits and Tax-free company benefits. Firstly, your business can pay your staff, and can pay yourself if you're an employee of your company. These are nice to have, no tax to pay, saves you some money,...