by Jupps | Jul 23, 2026
For those of you who are required to make payments on account towards your tax bill, remember that the second 2025/26 payment on account is due by 31 July 2026. 🗓️ If your income for 2025/26 is likely to be lower than the previous year, then it will probably be worth...
by Jupps | Jul 17, 2026
Barry’s Organising the Summer Staff Social… and He’s About to Make a £150 Mistake Summer staff socials are a great way to bring the team together, reward employees and create a few good memories outside the office. But before Barry starts booking venues, ordering food...
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 đź“… 25 June – 1 September 2026 only · 69 days A children’s meal of ÂŁ12...
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...
