NEWS

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What Expenses Can Business Owners Claim? (And How to Maximise Your Tax Savings) Are you making the most of the expenses you can claim? Or are you unknowingly paying more tax than you need to? As a business owner, every penny counts, and knowing what’s deductible can make a huge difference to your bottom line. [...]
How a Director/Shareholder Can Pay Themselves a Pension from Their Limited Company As a director and shareholder of your own limited company, planning for retirement is essential. One of the most tax-efficient ways to do this is by making pension contributions directly from your company. This approach helps you save on tax while building a [...]
How Solid Financials Empower Better Business Decisions (and Boost Your Business Value) Every business owner knows they need to “keep the books in order.” But what if bookkeeping and management accounts weren’t just tasks to tick off your to-do list? What if they were the key to making smarter decisions, driving growth, and building a [...]
As a small business owner, understanding the financial implications of legislative changes is critical to staying ahead. The adjustments to National Insurance Contributions (NICs) and Employment Allowance, effective April 2025, bring new challenges and opportunities for small employers. This article breaks down what’s changing and the potential benefits for your business. What’s Changing in April [...]
Crack the Code on Food Costs: What’s Tax-Deductible and What’s Not Managing food-related expenses for your business can feel like navigating a maze—one wrong turn, and you’re facing unexpected costs or tax issues. Whether you're treating clients, keeping your team happy, or grabbing lunch on the go, knowing the rules can save you money and [...]
What Is a BIK Rate, and Why Should You Care? Benefit in Kind (BIK) is a tax charged on perks or benefits you receive from your business that aren’t part of your salary—like a company car. HMRC treats this as extra income, which means you pay tax on it. How BIK Is Calculated For company [...]