Limited Company Contractor Tax Case Study 2022-23 In this article we work through a hypothetical case study of a contractor / freelancer working through their own limited company to explain how the tax works and some options for tax planning. The tax rates are based on the 2022-23 tax year. Gerry provides IT consulting services… Read More

Optimum Director Salary and Dividends 2022/23 – Limited Company Directors When you are trading through your own limited company one of the key tax planning items is usually ensuring that you are paying yourself the optimum level of salary and dividends. The advice in this article is aimed towards limited company contractors, freelancers and micro… Read More

Borrowing from your limited company – director loans You are allowed to borrow money from your own limited company but there are various rules and tax traps to be aware of which we discuss in this article. You can’t take a loan from your company indefinitely without causing tax issues (if you could, many people… Read More

Limited company charitable donations vs personal charitable donations Making a donation to a charity is a fantastic thing to do, and if you can get some tax relief along the way, even better! In this article we explain how tax relief for charitable donations work when they are paid by a limited company and compare… Read More

Leasing an electric car through a limited company We are being increasingly asked by business owners whether it’s tax efficient for them to get an electric car through their own limited company, so we have written an article to explain the key factors to consider when making this decision. Historically, company cars have been quite… Read More