Smart tax moves, in plain english.

The tax year runs from April 6 to April 5 of the following year. Most self-assessment tax returns for the latest tax year must be filed...

Dividends be paid Dividends are generally the most tax-efficient form of income you can take from your company but they can only be paid out of profits. Despite this, might there be a way for your loss-making company to pay you a dividend? Income or profit extraction As a company owner-manager, the usual tax planning advice you’ll receive is to take a modest salary and the remainder of your income needs as a dividend (also referred to as a distribution). This is generally goo

If you provide construction services on a new building to be used for a relevant charitable or residential purpose, or sell a new building t

The Spring 2024 Budget was a mixed bag for residential landlords. The Chancellor gave with one hand and took away with the other. As a...

The end of the tax year is just a few weeks away. As an employer, you must carry out the usual payroll year-end routines. However, if...

The 'national minimum wage' is the legal minimum an employer can pay anyone working in any UK nation. The rates go up on 1 April each...