YF AccountingS455 Tax Rise 2026/27: What It Means for Director’s Loans
The s455 charge on overdrawn director’s loan accounts rose from 33.75% to 35.75% on 6 April 2026, tracking the increase in the dividend upper rate. The new rate…
Trivial Benefits: The £50 Tax-Free Perk Directors Forget
Trivial benefits are small non-cash perks of £50 or less that your company can give you and your staff completely free of tax and National Insurance, with nothing…
Employment Allowance 2026/27: How to Claim the £10,500 NI Cut
The Employment Allowance lets eligible employers knock up to £10,500 off their employer National Insurance bill for 2026/27. Most businesses with at least two people on the payroll…
P11D 2025/26: Missed the 6 July Deadline? What to Do Now
The P11D deadline for 2025/26 was 6 July 2026, and the Class 1A National Insurance payment was due by 22 July 2026 — both have now passed. If…
Director’s Loan Accounts: The Hidden Tax Trap Inside Your Own Company
A director's loan account (DLA) is the running record of money moving between you and your limited company that is not salary, expenses or dividends. If you owe…
Employee Share Schemes: Pros and Cons for 2026/27
Employee share schemes let your staff own a stake in the business they are helping to build — and HMRC actively rewards the well-behaved versions with generous tax…
How PAYE Tax Is Calculated in 2026/27 (Plus Bonus Calculator)
PAYE (Pay As You Earn) is the system your employer uses to deduct income tax and National Insurance from your pay before it reaches your bank account. In…
What Is IR35 and Are You Affected? A 2026 Guide
IR35 — officially the off-payroll working rules — is tax legislation that decides whether a contractor working through their own limited company is, in substance, an employee of…