When Should You Move From Sole Trader to Limited Company? 📈 It’s one of the most common questions we’re asked: “At what point should I go limited?” For many business owners, operating as a sole trader is the right place to start. It’s simple. Low admin. Straightforward tax reporting. But as your business grows, the…
⏳ 31 Days Until Making Tax Digital for Income Tax BeginsWhat Self-Employed Individuals Need to Do Now On 6 April 2026, Making Tax Digital for Income Tax (MTD for ITSA) officially begins. That’s 31 days from today. If you’re self-employed and your gross business income exceeds £50,000, this change will affect you from the start…
Dividends vs Salary in 2026: What’s the Most Tax Efficient Strategy? 💷📊 If you’re a limited company director, one question comes up every single year: “Should I pay myself through salary or dividends?” The honest answer?It depends. But in 2026, the margin for error is smaller than ever ⚠️ — and getting this wrong can…
The Questions We Get Every February (That People Wish They’d Asked Earlier) Once January is over, things usually go quiet for a moment. The deadlines have passed.The pressure eases.And business owners finally have a bit of breathing space again. But February has a habit of bringing up a familiar set of questions, ones we hear…
What January Tells Us About Your Business (If You Pay Attention) January is often treated as something to get through. Deadlines, payments, paperwork, once it’s over, most business owners are more than happy to close the door on it and move on. But every year, January quietly tells a story about how a business really…
The Things Business Owners Think They’ve ‘Dealt With’ After January (But Haven’t) Once the Self Assessment deadline passes, there’s often a collective sigh of relief. The return is filed.The payment has gone out.January is finally behind us. But in reality, January doesn’t finish everything, it often just brings a few things into view. Every year,…
January Is Over! Here’s What Actually Caught People Out This Year Now that January is behind us, the rush of Self Assessment has finally eased. Every year, once the deadline passes, we take a step back and reflect on what actually caused problems for people, not in theory, but in real life, dealing with real…
❌ Common January Accounting Mistakes We See Every Year January is one of the busiest and most stressful months of the year for business owners. Deadlines, tax bills, HMRC letters and cashflow pressure all land at once — and that combination often leads to avoidable accounting mistakes 😬. Most of these aren’t caused by carelessness.…
🧠 Why January Is a Bad Time to Make Big Tax Decisions January often feels like a natural time to “fix” things. The year has just ended, tax bills are landing, and many business owners start questioning whether they’ve made the right decisions 🤔. It’s very common to hear: “Should I change my business structure?”…
🎅 My Mate Down the Pub – Christmas Edition: The Worst Festive Tax Myths We Hear Every Year Because nothing spreads faster at Christmas than bad tax advice… except maybe tinsel. It’s that time of year again — Christmas parties, mince pies, Secret Santa… and of course, some truly spectacular tax myths being shared down…