The confetti’s settled, the celebratory champagne corks have popped (or perhaps a celebratory cup of tea, depending on your budget!), and the dust has settled on the Spring Budget. But for many business owners in the UK, there’s one lingering
Congratulations! You’ve just sold your UK business – a fantastic achievement. But before you celebrate with a fancy vacation (you totally deserve it!), there’s one more hurdle to navigate: capital gains tax (CGT). This is where things can get a
As we wave goodbye to 2022 and welcome all the possibilities of a new year, we wanted to provide a brief but informative blog about what the new 2023 era means for small business owners. Here’s a succinct list of
Is Your Dividend Payment Illegal? You do your due diligence and invest in a company, you may even be one of the company’s directors, putting in the work on a daily basis to help ensure that the company becomes a
Two years may sound like eons away when it comes to your business. However, with fundamental changes to the administration of the UK tax system coming down the pipe, business owners should take every opportunity to start getting apprised of
Salary or Dividends, Which is Better? When sole proprietors or partners form a limited company, it becomes a legal entity in the eyes of the law. This means that all finances legally belong to the business; directors cannot simply withdraw
You may be able to claim overpayment relief! As official corporate tax accountants, we know firsthand how easily errors could potentially slip into a tax return filing. So, for our clients who are determined to manage their own tax returns,