Expert accountancy and bookkeeping services for small Limited Companies

Dividends can be a tax-efficient way to take money from a limited company, but they are not as simple as many business owners think. A dividend must be legal, properly approved, correctly recorded and reported in the right tax year. If it is not handled correctly, it can create problems with HMRC, Companies House records, director’s loan accounts and personal tax returns. In this guide, we explain: what a dividend is; the difference between interim and final dividends; who ca

When you set up a new company, there are certain business taxes you’ll be liable for as a business. But have you also planned for the...

If you’re a director then taking out a director’s loan against the cash in your limited company might seem like a sensible thing to do....