From 6 April 2026, the tax on dividends goes up by 2 percentage points for basic and higher rate taxpayers. If you run your own limited company and pay yourself mainly through dividends, this affects you directly. Below we set out the new rates, what has not...
If you run your own limited company, trivial benefits are one of the simplest tax reliefs available to you and one of the most commonly overlooked. They let your company give you the occasional small gift without creating any tax or reporting obligations. Here's the...
From 1 February 2026, Companies House is updating several fees that affect most businesses. The key changes are: Confirmation Statement – rises from £34 to £50 Company Incorporation (digital) – rises from £50 to £100 Voluntary Strike‑Off (digital) – falls from...
HMRC Digital Tax Compliance is at the centre of a new campaign for the 2024/25 Self Assessment season, aiming to reduce incorrect expense claims and improve reporting accuracy. Key Points at a Glance: HMRC is stepping up checks to stop taxpayers claiming personal...
A company is called a joint venture company (JVC) if its shareholders hold 50% or less of its shares and voting rights. (It would be called a subsidiary of a holding company if its shareholder held more than 50% of the shares and voting rights.) The Investing Company...
From 18 November 2025, it will become a legal requirement for identity verification if you’re a director or Person with Significant Control (PSC) of a UK company. This is part of the Economic Crime and Corporate Transparency Act 2023, aimed at preventing the misuse of...