Latest Blogs

06/01/2022

How to extract profits out of a company

Once you’ve set up an incorporated business and become a director, you have to be smart about how you extract profit to avoid paying more tax than you need to. 

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30/11/2021

Funding Social Care - National Insurance and the New Health & Social Care Levy

The Government has announced an increase in national insurance contributions and dividend tax rates from April 2022. This will be a temporary one-year increase before a new health and social care levy is introduced in April 2023.

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29/10/2021

Recovery loan scheme for business explained

An extension to the Recovery Loan Scheme until 30 June 2022 was announced in the Autumn Budget 2021. The measure ensures businesses of any size can continue to access loans and other kinds of finance up to £10 million per business once the existing COVID-19 loan schemes close.

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28/10/2021

Creating a home office and how it affects your tax

With home working becoming so widespread, we are often asked what are the tax implications and pitfalls of building a home office. In most cases this is an office in the garden, as this is usually far cheaper and a more practical way of creating space than building an extension or converting a loft.

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31/08/2021

Basis period rules in line for reform

Unincorporated businesses could be about to see significant changes to the ways in which they are taxed, following the launch of a Government consultation.

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