5 Tax Mistakes UK Founders Commonly Make – and how to avoid them

  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...

Get your Tax Return done early

OK, so we know the deadline for filing your 2025/26 tax return is a long way off (31st January 2027), and you’d probably rather not think about it just yet… But here we are, your friendly neighbourhood accountants to show you why getting it done early is actually a...

Employment Rights Act – April 2026 changes ( Part 2 )

Clear, practical updates to keep you compliant and prepared. ✅ SSP Eligibility 🤒 💰 Sick Pay from Day 1 SSP now starts from the first day of sickness (no waiting period) 🏥 Lower Earnings Limit removed ➕ more employees now qualify 👥   NI Abroad ✈️ 🇬🇧 National...

Year End Tax Planning – Individuals

Year-end tax planning is important for UK individuals to help manage tax liabilities and ensure financial efficiency. Some things you should consider are: 1. Utilise Your ISA Allowance: Maximise your Individual Savings Account (ISA) contributions. The annual ISA...

Pin It on Pinterest