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.  […]

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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

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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. […]

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As we approach Christmas, thoughts naturally turn towards staff parties and celebrations. But in 2024, getting merry doesn’t necessarily mean copious amounts of booze. According to The Drink Business, almost a quarter (21%) of Christmas parties will be alcohol-free this year. So, with team-building ‘activity’ style options like axe throwing and escape rooms growing in […]

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Here’s your handy checklist for getting all of your self-assessment information together for the tax year ending 5 April 2024. Remember the return needs filing and  you need to have made your first payment by midnight on 31 January 2025. Access the checklist here >>> TLC-Self-Assessment-23-24

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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 […]

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This guest blog is by TLC client Michael Stewart. With a background in business finance, marketing, sales, management and elite sport, he brings a unique energy to helping businesses to grow, become more profitable and more financially sustainable.   There’s no doubt that 2023 threw everybody plenty of financial challenges. Skyrocketing prices, problems with getting […]

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With November fast approaching it’s definitely time to think about Christmas, even if you don’t actually do anything about it just yet. Most small businesses want to send a small gift to their key clients to say thanks for the business, so here are the things you need to bear in mind when ordering your […]

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With the cost of living still on the rise and Bank of England interest rates showing no sign of slowing down, are clients are rightly prioritising cashflow to make sure they can continue to operate. But despite the worrying economic environment, growth and expansion should still be on every business owner’s radar. We asked asset […]

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We’re already almost a month into the new tax year and yet it probably doesn’t feel like two minutes since you were paying your last tax bill. Now’s the time to get started on gathering your information together so we can submit your new tax return on time. You’ve probably already had a letter from […]

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