If I were to create a hit list of questions asked by clients, the one that would be in our top 3 would be around company cars and company car tax implications. A company car is often seen as a desirable perk — but in reality, whether it’s a good idea depends on who you
Category Archives: P11D’s
Corporation Tax, Director’s Pay vs Dividends, MTD for Income Tax (ITSA), P11D's, PAYE, Self-Assessment Tips for Sole Traders, Self-Assessment/ Personal Tax, Tax Planning & Saving Tips
Sole Trader vs Limited Company director – what’s best for your business?
Why it matters Setting up as a sole trader or limited company director isn’t just a bureaucratic choice—it’s a strategic decision that affects your taxes, your rights, and your long‑term goals. Whether you’re nearing £50K income and facing MTD ITSA, or edging over £100K and losing your personal allowance, this clear breakdown will help you
Bookkeeping, Director’s Pay vs Dividends, P11D's, PAYE, Self-Assessment Tips for Sole Traders, Tax Planning & Saving Tips
Tax-Saving Tips for Small Business Owners
As an ambitious entrepreneur, you often feel like there aren’t enough hours in the week. You’re busy with running the day-to-day operations, managing team members and, well, life. It means you’re left with little time to stop and consider how you can save on tax. Yes, tax can be an absolute minefield if you’re unprepared,
Corporation Tax, P11D's, PAYE, Self-Assessment/ Personal Tax, start-ups, VAT
Limited company director’s responsibilities: What you need to know…
When you decide to form a limited company you are creating a separate legal entity with its own legal framework and accountabilities. Any profits or losses incurred belong to the company. So, when you’re managing the company you need to treat it as a separate entity. Even if you’re the sole director and sole shareholder,