Company car tax in the UK is charged on the benefit in kind value of the car — from 4%…
Category: Limited Company
UK limited company guides — setting up, directors, dividends and company tax.
Pension Contributions Through Your Limited Company: Tax Relief and the £60,000 Annual Allowance
How pension contributions work through a limited company: Corporation Tax relief, no employer National Insurance, the £60,000 annual allowance, carrying…
IR35 Explained: Off-Payroll Working Rules for Contractors and UK Businesses
IR35 and the off-payroll working rules explained in plain English: inside vs outside IR35, who decides status, Status Determination Statements,…
How to Set Up a Limited Company in the UK: A Step-by-Step Guide
Setting up a limited company takes a few steps: choose a name and SIC code, appoint directors, record people with…
Director’s Loan Account Rules in the UK: Tax Charges, Deadlines and Repayment
If a director borrows from their company, Section 455 tax of 33.75% can apply, plus benefit-in-kind charges on cheap loans…
Corporation Tax Marginal Relief Explained for UK Limited Companies
Limited companies pay corporation tax at 19% on profits up to £50,000 and 25% above £250,000. Marginal relief tapers the…