Author: thebosslch
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Employment Allowance guide for company directors
The Employment Allowance could be worth up to £5,000 each year (after April 2022) against your limited company’s Employers’ National Insurance bill.
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Can I use my personal bank account for business?
Whether or not you need a separate business bank account depends entirely on whether you are going into business as a sole trader, or setting up a limited company.
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Paying into a pension from your limited company
If you run your own limited company, there are two ways you can pay into a pension fund, both of which offer significant tax advantages.
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Tax efficient life insurance for limited company directors
If you own or work for a small limited company you can get life insurance cover without having to pay over the odds while also benefitting from tax relief. This is where relevant life insurance comes in.
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Companies House – increased formation and filing fees from May 2024
Companies House is increasing its formation and filing fees from May 2024. The cost to incorporate a new company will rise from £12 to £50.
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Capital Allowances and your limited company
Capital allowances are a good way to reduce your company’s tax liability. We explore the AIA, WDA and other schemes, including Full Expensing.
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Landline, mobile and smartphone expenses
If you use your phone for business, you may be able to offset the cost against your company’s tax bill. Guide to landline, mobile and smartphone expenses.
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Which limited company expenses are tax-deductible?
There are many costs you will incur while running a limited company. Which expenses can you legitimately claim against your company’s tax bill?
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What are ‘trivial benefits’ and how are they treated for tax purposes?
What exactly are trivial benefits and is there a limit to how much they can cost before being considered a taxable benefit? Guide for company directors.
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How are limited companies and company directors taxed?
All companies pay tax on their profits. Directors and shareholders also pay tax on dividends and other income they receive. We also explore VAT and National Insurance.
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Tide limited company bank account – £50 cashback for LCH visitors
Here we look at the features of Tide’s business bank account – which includes £50 cashback for LimitedCompanyHelp visitors.
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How to find the best limited company accountant
Hiring an accountant may be the best thing you do during the early days of running your company. What to look out for when comparing providers.