Archived article: this was published in February 2025 for the 2024/25 tax year. Employer National Insurance rose to 15% (on salaries over £5,000) and the Employment Allowance to £10,500 in April 2025, and dividend tax rates rose to 10.75% and 35.75% in April 2026. For up-to-date figures, see our
Top 20 Ways to Save Tax in 2024/25
Archived article: this was published in January 2025 for the 2024/25 tax year. Several rates have since changed: dividend tax rates rose to 10.75% and 35.75% from April 2026, and the Business Asset Disposal Relief rate is now 18%. See our 2026/27 guide to extracting company profits and our Budget
DeepSeek: The Chinese AI Startup Shaking Up Silicon Valley
DeepSeek, a relatively new AI company from China, has been making waves in the tech world, challenging the dominance of established US giants like OpenAI, Google and Meta. Founded in May 2023 by Liang Wenfeng, who also founded the quantitative hedge fund High-Flyer, DeepSeek is funded entirely by
Understanding Director’s Loan Accounts: A Guide for Company Directors
Updated October 2026: interest and benefit in kind section revised for 2026/27. If you're a company director, understanding how you can take money out of your business is crucial. Limited companies are separate legal entities, so the rules are strict. One area that often causes confusion is the
Key Highlights of the Autumn Budget 2024
Archived article: this was published in November 2024 and reflects the Autumn Budget 2024 announcements at that time. Some rates and rules have since changed. For the latest position, read our Budget 2026 summary and the ACCA guide to tax rates for 2027/28. Corporation Tax Making Tax Digital
Sustainability in the Workplace: The Benefits of Loft Insulation in Your Office
In today’s world, sustainability is more than just a buzzword—it’s a responsibility. For businesses looking to reduce their environmental footprint, installing loft insulation in office buildings is a smart, impactful step. Loft insulation helps to minimise heat loss by creating a barrier between
A comprehensive guide to the VAT Penalty Regime
Updated October 2026: late payment penalty and interest rates revised for the increases that took effect in April 2025. The VAT penalty and interest rules changed for VAT return periods starting on or after 1 January 2023. The Default Surcharge was replaced by separate penalties for late
Boost Your Retirement Savings and Reduce Company Tax: Pension Contributions for Limited Company Directors
Updated October 2026: National Insurance rate and annual allowance points corrected for 2026/27. What is a Pension? A pension is a smart way to save for your future when you're no longer working. There are two main types: Personal Pension: You set this up yourself with a pension provider.
The EU Cracks Down on AI: What You Need to Know
While Hollywood paints a picture of AI leading to robot uprisings, the EU is taking a more practical approach, focusing on the real-world risks associated with AI technology. The newly implemented EU Artificial Intelligence Act aims to regulate how AI is used across industries, ensuring it doesn't
Going Solo? Get Registered For Self Assessment Quickly
Updated October 2026: National Insurance, VAT and Making Tax Digital points revised. Starting your own business is exciting! But before you dive in, there's one key step: registering as self-employed with HMRC. This ensures you pay the right taxes. You need to register if your income from