When an overseas business wants people working for it in the UK, one option is to set up a UK company to run the payroll. The UK company pays the staff, the staff work for the overseas business, and the two companies settle up between themselves. It sounds...
The Autumn Budget 2026 brought in changes affecting staff costs, employee benefits, business travel, investment, VAT, research and development (R&D), property, and selling or passing on a company. This is a plain-English guide to what has changed and what it means...
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...
When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider. Two popular options are operating as a sole trader or forming a limited company. Each of these options comes...
In the past, business owners have been heavily taxed when they had a business car which they also used for personal, but this is all changing with HMRC reducing the BIK (Benefit in Kind) taxable benefit to zero for 20/21 on new or unused emissions-free electric cars...
With this blog we’d like to share with you some ideas to help reduce your tax bill and/or maximise your money. Claim all valid business expenses in your company, such as: Use of home when doing billable work from home (you can ask us about the calculation if you’re...