It’s All About The Benjamin’s

That’s what Puff Daddy said, and please forgive the Stateside reference. Cash really is king when you run a business so how do you make it a priority? It’s simple really, categorise your to-do list into items that have the most immediate cash inflow impact and put...

Directors Loan Account – A Common Misconception

The misconception Most business owners know that when a company makes a loan to a Director that isn’t repaid within 9 months of the company year-end then HMRC imposes a tax charge of 32.5%. This is called the S455 charge. However it doesn’t apply to all Directors, you...

50 Tax Breaks For Employees

People often say to us, that when they’re employed the tax breaks for employees to exploit aren’t as good as those available for the self-employed. That is true, but those breaks were originally intended to compensate self-employed taxpayers for the risks they...

New Tax Year – Optimum Remuneration Levels

The new tax year starts on Friday and so for the owner-managed business its time to sort out your remuneration for 2018/2019. Getting this right can ensure you pay as little as possible while making sure you enjoy all the benefits available. Below are the...