by Gareth Thomas | Aug 15, 2026 | Accounting, Business, Finance, Taxes
If you’re self-employed or complete a Self Assessment tax return, there’s an important deadline you shouldn’t overlook. Your second payment on account for the 2025/26 tax year is due by 31 July 2026. But what if your income has fallen since last...
by Gareth Thomas | Jul 22, 2026 | Accounting, Business, Finance, Taxes
If you run a family company, you may have wondered whether there is a more tax-efficient way to share profits between family members. One option that is often discussed is the use of alphabet shares. When used correctly, alphabet shares can provide greater flexibility...
by Gareth Thomas | Jul 4, 2026 | Accounting, Business, Finance, Taxes
Director’s loan accounts are common in personal and family companies. Sometimes the company pays personal costs on behalf of a director. Other times, the director lends money to the company to help with cash flow. Either way, it’s important to keep proper records. If...
by Gareth Thomas | Jun 10, 2026 | Accounting, Business, Finance, Taxes
When it comes to Self-Assessment tax returns, many people leave everything until January. But waiting until the last minute can create unnecessary stress, increase the risk of mistakes and leave you scrambling to find money for an unexpected tax bill. The deadline for...
by Gareth Thomas | Jun 6, 2026 | Accounting, Business, Finance, Taxes
If you run a family company, the way you take money out of the business can make a huge difference to your personal tax bill. Many business owners focus on how much profit the company makes, but fewer think about how those profits are distributed between shareholders....
by Gareth Thomas | Jun 3, 2026 | Accounting, Business, Finance, Taxes
If you’re looking for a tax-efficient way to save or invest, your ISA allowance is one of the best opportunities available. ISAs (Individual Savings Accounts) allow you to save or invest money without paying tax on the interest, income or capital gains you earn. For...