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Business Advice

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10 ways to improve your credit score

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5 cashflow tips that entrepreneurs wish they knew

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Why most businesses fail in the first year

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100% Capital Allowances extended for green cars

In his 2016 Budget the Chancellor announced that the capital allowances (CA) tax break for low emission company cars will continue, but subject to tougher limitations. How should you plan vehicle purchases to maximize tax relief? Capital allowances and cars If you buy a car which is used for work…

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When will the new dividend tax be payable?

A hike in tax rates will affect dividends you receive on or after 6 April 2016. Working out how much the extra tax will-be is tricky enough, but when and how will you be expected to pay it? New tax rules – recap As a shareholder you’ll be aware by…

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Loan accounts – can you repay them efficiently?

The 2016 Budget saw an increase in the tax charge applied to close the company loans and overdrawn directors’ loan accounts arising after 6 April 2016. What will this mean for you? Temporary Tax Imposing a charge on loans made to participators (which includes overdrawn directors’ loan accounts) in close companies…

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