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...
by Jupps | May 6, 2026
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...
by Jupps | Apr 9, 2026
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...
