Extracting funds from an owner-managed company
“What’s the most tax-efficient way to take funds out of my company?” is perhaps the most common question put to accountants by […]
Month: June 2025
Childcare accounts can subsidise summer childcare costs
If you have children under 12 who attend a nursery, after school club, playscheme or childminder, or you are considering sending them […]
Salary sacrifice for pension contributions
Employees who join their employer’s pensions salary sacrifice scheme stop paying pension contributions and instead sacrifice part of their gross salary in […]
MTD for income tax: income from jointly held property
If you are a sole trader or landlord with combined turnover from trade and property exceeding £50,000 in 2024/25, you’re likely to […]
VAT on private tuition
A recent First Tier Tribunal case gave us a useful reminder of the rules governing the VAT treatment of private tuition. In […]
Diary of main tax events July / August 2025
Date What’s Due 1 July Corporation Tax for year to 30/09/2024, unless quarterly instalments apply 5 July Last date for agreeing PAYE […]
Too many businesses risk losing everything after a shareholder dies, TWP warns
Surrey-based accountancy firm TWP is urging business owners to review their shareholder arrangements following growing concern over the financial risks of losing […]
Are forgotten subscriptions draining your finances?
Research from Citizens Advice has revealed that than 13 million UK adults (around 26 per cent) have accidentally taken out a subscription […]
How much do you need in your emergency fund?
Emergency savings can be the financial buffer that stops short-term shocks from turning into long-term struggles. However, according to the Financial Conduct […]
Beware of “greenwashing” when investing your cash
Green investing has soared in popularity. Sustainable investing continues to attract UK investors, with sustainable equities drawing £12.05 billion in 2024. Additionally, […]
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