The Employment Allowance is a very valuable allowance which allows eligible employers to reduce their secondary Class 1 National Insurance bill by up to £10,500 in 2026/27. The allowance is not given automatically and must be claimed. Who can claim Employers can claim the allowance if they are a business or a public body and […]
The Employment Allowance – Can you claim it? Read More »
When an employee works from home, they may incur additional costs, such as higher gas and electricity bills. The tax system offers some help where the employer meets some or all of these additional costs. However, the relief previously available to employees who met these costs themselves will be withdrawn from 6 April 2026. Expenses
Costs of working from home Read More »
Where an employee is provided with a company van that is available for private use, a tax charge may arise under the benefit-in-kind legislation. However, this will not always be the case. Unlike company cars, where a van benefit charge does arise, it does not depend on CO2 emissions. Instead, it is a set amount.
Taxation of company vans in 2026/27 Read More »
Individual Savings Accounts (ISAs) are tax-free savings accounts. There are four different types of ISAs: Individuals must be at least 18 to invest in an ISA. Cash ISAs may be with a bank, building society, or National Savings and Investments. Stocks and share ISAs can include shares in companies, unit trusts and investment funds, corporate bonds,
Using your ISA allowance in 2026/27 Read More »
The government has confirmed that major Companies House filing reforms will proceed, but with an important concession for small businesses. While the changes were originally expected to take effect from April 2027, implementation has now been postponed until 1 April 2028, giving companies more time to prepare. For many small company directors, these reforms represent
Our director Craig shares a personal experience… When I stop forcing myself to be productive, I get more done! Surfing has been one of the best reminders of that for me. Not because I’m chasing big waves or ticking off another “hobby milestone”… but because it forces a kind of stillness you can’t fake. You’re
A funny thing happens when I stop trying to be productive. Read More »
We’re seeing a wave of letters from HM Revenue & Customs about businesses potentially exceeding the VAT threshold. Important point 👇📬 These letters often don’t actually ask for a response — they’re a prompt to check your figures, not an accusation or an enquiry. So if you’ve received one, don’t panic… but do take it
⚠️ HMRC VAT Threshold Letters – Read It Properly Before You Panic ⚠️ Read More »
A quick heads up for business owners and fellow advisers. I recently worked through an issue where a client had not completed their PSC identity verification — and it was easy to see why. The email reminder to confirm PSC identity looks almost identical to the one reminding you to confirm officer identity. It’s very
⚠️ Companies House PSC Identity – Easy to Miss Read More »
If you’re self-employed or run your own limited company and your partner helps out in the business, you might have wondered if you can pay them a wage. Even if they don’t, maybe you’re looking for smart ways to manage tax and household income more efficiently. Whatever the reason, this is one of the most
Can I Pay My Spouse a Wage? The Tax Benefits (and Rules) Explained Read More »
Have you ever considered applying for a business grant but weren’t sure when to start? Many business owners either miss the boat or leave money on the table because of a few common misconceptions. Here are the three biggest myths around timing (and what to do instead), so you can get ahead and give your
The truth about grants: When is the right time to apply? Read More »