With the first pay date of the 2025/26 tax year almost upon us, you might be asking: what’s the most tax-efficient salary strategy for the year ahead? As usual, we’ve crunched the numbers for you… This year, the reduction of the Employer’s National Insurance Contribution (NIC) threshold adds another level of complexity – and admin. […]
Your Most Tax-Efficient Director’s Salary for 2025/26: What You Need to Know
April 17, 2025 – 9:12 am
Your self assessment checklist 2024/25
April 8, 2025 – 12:15 pm
Here’s your handy checklist for getting all of your self-assessment information together for the tax year ending 5 April 2025. Remember the return needs to be filed and you need to have made your first payment by midnight on 31 January 2026. Access the checklist here >>> TLC-Self-Assessment-24-25
2025 company car tax changes businesses should be aware of
January 21, 2025 – 10:06 am
Upcoming changes to company car tax, particularly to the Benefit in Kind (BiK) rules, are set to make some vehicles much less attractive to businesses signing up for new cars and fleets in 2025. With BiK rates confirmed up to 2029/30, you’ll need to consider how these changes affect the cost over any new vehicles’ lifetimes. […]
The most tax-efficient limited company director’s salary for 2024/25
April 4, 2024 – 10:20 am
As we head into a new tax year, we’ve been doing our homework in the background as usual to come up with the best strategy for directors’ salaries. We work on the basis of making the most of your tax allowance and taking account of things like changes in the dividend allowance and impact on […]