by Gareth Thomas | Aug 19, 2026 | Accounting, Business, VAT
Planning a family day out this summer? Or perhaps you run a restaurant, café, theatre or visitor attraction? A temporary VAT reduction announced by the Chancellor could make children’s meals and admission to certain attractions cheaper over the school holidays....
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 | Aug 12, 2026 | Accounting, Business, Taxes
Receiving a call, email, letter or text claiming to be from HMRC can be unsettling. If the message mentions a tax refund, an overdue payment or asks you to take urgent action, it’s natural to wonder whether it’s genuine. Unfortunately, fraudsters are...
by Gareth Thomas | Aug 1, 2026 | Accounting, Business
If you run your business through a limited company, you’ll need to decide how to take money out of it for personal use. Many business owners choose a combination of salary and dividends. However, there may be another option worth considering if you run your...
by Gareth Thomas | Jul 25, 2026 | Accounting, Business, Taxes
As businesses grow, it’s not unusual for company owners to set up additional companies. Perhaps you’re launching a new venture, investing in property, or simply looking for a different way to utilise surplus cash within your business group. One common...
by Gareth Thomas | Jul 19, 2026 | Accounting, Business, Taxes
Receiving a letter from HMRC announcing a tax enquiry can be stressful. For many business owners, the first sign of a problem is a formal notice requesting information or supporting documents. From that point, what starts as a routine enquiry can sometimes develop...
by Gareth Thomas | Jun 28, 2026 | Accounting, Business
For many business owners, borrowing money from their company can seem like an easy and tax-efficient solution. After all, why pay bank interest rates when you can simply take money from your own business? But director’s loans can quickly become far more expensive than...