Your Director’s Salary 25/26 – Everything you need to know
Everything you need to know about your directors salary for 2025/2026.
Electric vs Petrol/Diesel? What are the Pros and Cons when looking to buy a Company Car?
Generally, there are company and personal tax efficiencies when buying an electric company car compared to a petrol/diesel car. However, you do need to consider the commercial aspects of your finance plans/funding of the company car in your company, as electric cars are usually more expensive.
Working through your PSC – what are our most commonly asked expenses questions?
We explore some of the most frequently asked expense questions when working through your PSC.
Joining the Flat Rate Scheme for VAT: Quick Guide
Explore the Flat Rate Scheme for VAT with this quick guide. Learn eligibility criteria, benefits, and considerations before joining.
What do I need to be aware of when appointing my spouse or civil partner as a second shareholder?
There are several considerations when appointing your spouse or civil partner as a second shareholder:
What tax do I pay on dividends?(from 6th April 2024)
The dividend allowance means that you won’t have to pay tax on the first £500 of dividends received in a tax year.
What are a director’s responsibilities when filing accounts at Companies House?
At end of the financial year, your private limited company must file accounts every year at Companies House. Company accounts are documents prepared at the end of a financial year which show how a company has performed over the accounting period. All limited companies must deliver accounts to Companies House. It does not matter whether you’ve been successful, breaking even, not trading, or dormant.
What are the General duties of a director?
As well as your responsibilities as a director to Companies House, you must perform a set of 7 duties under the Companies Act 2006. These still apply even if you’re not active in your role as director, someone else tells you what to do, you act as a director but have not been formally appointed or you control a board of directors without being on it.
Changes to VAT penalties and VAT Interest Charges
The changes will affect everyone submitting VAT Returns for accounting periods starting on or after 1 January 2023. Any nil or repayment VAT returns received late will also be subject to late submission penalty points and financial penalties.
VAT – The Basics
What is VAT, when do you have to register for VAT, what are the charges? We explain the basics here in the VAT FAQ.