Overdrawn directors’ loan accounts and section 455 tax
December 9, 2025
A director’s loan account is simply a means of keeping track of transactions between the director and the company of which they are a director.
Latest News
Here is where you will find business related news articles and trusted partner articles …
Utilising the tax exemption for Christmas parties
December 2, 2025
Many employers have a social event for employees around the Christmas period. This may take the form of a Christmas party or dinner or another
Budget Newsletter
November 27, 2025
On 26 November 2025, Chancellor Rachel Reeves presented her second Budget to Parliament. After the tax-raising budget of 2024, it had been hoped by the
Tax relief for costs of updating a property prior to letting
November 14, 2025
When a landlord buys a new property to let out, they may need to undertake some work prior to the first let, particularly if the
Should you withdraw your pension to save IHT?
November 4, 2025
Legislation has been published in draft for inclusion in the Finance Bill which will bring unused pension pots within the charge to inheritance tax from
Time to Pay for Simple Assessment
October 21, 2025
A Simple Assessment is used for taxpayers with very straightforward tax affairs. A taxpayer may receive a Simple Assessment letter from HMRC if they owe