by Jupps | Jun 24, 2026
What’s the most tax-efficient way to take money from your company? If you’re hoping for a simple answer, tax has other ideas. It Depends on More Than You’d Think Before deciding, there are several factors to consider: distributable profits,...
by Jupps | Jun 24, 2026
Change 1 · VAT VAT drops from 20% to 5% for children’s meals & days out 20% Standard Rate – Until 24 June 2026 5% Reduced Rate – Summer window only 📅 25 June – 1 September 2026 only · 69 days A children’s meal of £12...
by Jupps | Jun 9, 2026
1. Using the company as a personal bank account It’s a really common one. Unplanned withdrawals can create an overdrawn Director’s Loan Account. 🔴 Potential 35.75% Section 455 tax charge 🔴 Possible Benefit in Kind implications How to avoid it: Pay yourself a...
