Date: 26 November 2025 The Chancellor has delivered the Autumn Budget 2025, positioning it as a plan for "Strong Foundations" and a "Secure Future". While the headline rates of Income Tax, VAT, and National Insurance remain frozen, this is a Budget of significant structural change. The government is
A Definitive Analysis of UK Company Expenditure and the Risks of Personal Spending
Update October 2026: this report reflects the 2025/26 tax year. From April 2026 the approved mileage rate for cars and vans is 55p per mile for the first 10,000 business miles (25p thereafter, rising to 35p from April 2027). The official rate of interest for beneficial loans is 3.75% from 6 April
Making Tax Digital for Income Tax: What You Need to Know
Archived article: this was published in April 2025, before Making Tax Digital for Income Tax started. MTD for Income Tax began on 6 April 2026. Read Making Tax Digital for Income Tax: where things stand in October 2026 for the current position. When Does MTD for Income Tax Begin? Making Tax
A Limited Company’s Guide to Electric Vehicle Tax: Maximising Your Savings
Updated October 2026: capital allowance, National Insurance, mileage and VED points revised for 2026/27. Is your limited company considering the switch to an electric vehicle (EV)? It’s a strategic move that can not only boost your company’s green credentials but also offer significant tax
A Sole Trader’s Guide to Electric Vehicle Tax: Maximising Your Savings
Updated October 2026: capital allowance, mileage and VED points revised for 2026/27. Are you a sole trader considering the switch to an electric vehicle (EV) for your business? It’s a smart move that can not only help the environment but also offer significant tax advantages. This guide will
What optimal salary-dividend structure minimizes 2024-25 tax liabilities?
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
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
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