Autumn Budget 2025: Essential Updates for Individuals and Businesses

The Dead Simple Guide To What Actually Changes And When The 2025 Budget introduces several important updates that affect savers, employers, business owners and anyone running electric or plug in hybrid cars. 💷 Minimum Wage Increases (Effective April 2026) Coming into force next April so very soon • Age 21 and over rises from £12.21 … Read more

Claiming Pre-Incorporation Expenses: What You Need to Know 💡

Starting a new business comes with plenty of upfront costs, but did you know that you can claim some of these expenses even if they were incurred before your company was officially formed? If you’ve spent money on business-related costs before incorporation, you might be able to offset these against your company’s tax bill. Let’s … Read more

Vehicle Tax Allowances for Sole Traders 🚗💸: What You Need to Know

Are you a sole trader using a car, van, or bike for work? Good news—you can claim tax relief on your vehicle expenses! Let’s break down how you can save money and keep things simple. 💼🏎️ What Are Vehicle Tax Allowances?  Vehicle tax allowances let sole traders claim back some of the costs of running … Read more

Autumn Budget 2024: Essential Updates for Individuals and Businesses

Individuals Employment and Wages 💸 – Minimum Wage Increase: From April 2025, the minimum wage will increase by 6.7% to £12.21 per hour for adults. – 18-20-Year-Old Minimum Wage: Younger workers’ minimum wage will rise to £10 per hour. – Carer’s Allowance: The allowance will rise from £81.90 per week to the equivalent of 16 … Read more

Why a Private Limited Company Could Be Your Best Business Move 💼

Thinking about starting your own business or going freelance? If you’re serious about making your venture official, it’s worth considering a private limited company. Setting up as a limited company isn’t just for the big players—it’s a smart move for solo operators and small businesses alike. Here’s why it might be the best decision for … Read more

Slash Your Tax Bill: Top Tips for Savvy Business Owners

Hey there, fellow entrepreneurs and tax-tackling titans! 🦸‍♀️🦸‍♂️ Are you tired of watching your hard-earned profits disappear into the taxman’s pocket? Fear not! We’ve got a treasure trove of tips and tricks to help you reduce your tax bill and keep more money where it belongs – in your business. 💰 In this post, we’ll … Read more

Decoding UK Tax Rates, Thresholds, and Allowances for 2023/24 and 2024/25 🎯

Hey there, business owners and tax enthusiasts! 🙌 Are you ready to dive into the exciting world of UK tax rates, thresholds, and allowances? We know it can be a bit overwhelming, but don’t worry – we’ve got your back! 💪 In this blog post, we’ll break down the key information you need to know … Read more

Dividend Tax Changes for 2024/25: What You Need to Know

Hello again, company directors and shareholders! It’s time to revisit the thrilling topic of dividend taxes. 😅 The rules are set to change for the 2024/25 tax year, so let’s make sure you’re up to speed. Dividend Allowance Takes Another Hit In the 2022/23 tax year, the tax-free Dividend Allowance was reduced to £1,000. Well, … Read more