Most limited company directors take a low salary combined with dividends to minimise tax and NI. But the right split depends on employer NI, your Employment Allowance eligibility, and your personal tax position. Full worked example for 2026/27.
Dividend tax rates and the £500 allowance for 2026/27 explained. Ltd company director salary+dividend planning, ISA sheltering, and Self Assessment reporting.
Full penalty schedule for late Self Assessment returns in 2026: £100 day 1, £10/day after 3 months, 5% surcharges, appeal process and Time to Pay explained.
Received an HMRC P800 or Simple Assessment letter about underpaid tax? Learn why it happens, how to check it, challenge it, and the ways HMRC collects the debt.
If your income falls between £100k and £125,140, you face a 60% effective marginal tax rate. Here's how pension contributions and other strategies can protect your allowance.
IHT gift rules 2026: PETs, the 7-year rule, taper relief, annual exemptions, normal expenditure from income, CLTs and record-keeping for inheritance tax planning.
Understand IR35's three key tests, use HMRC's CEST tool correctly, and see exactly what inside vs outside IR35 means for your take-home pay.
HMRC allowable expenses for sole traders in 2026/27: travel, home office, equipment, clothing, staff costs and what you cannot claim. Real examples included.
Sole trader vs Ltd company UK 2026/27: tax comparison at £30k–£100k profit, crossover points, accountancy costs, and a full £80k scenario breakdown.
1257L is the standard UK tax code for 2026/27. Learn what every digit and letter means, what common codes like BR and 0T cost you, and how to fix a wrong code.
Income protection pays 50–70% of your salary if you cannot work due to illness or injury. We cover own-occupation vs any-occupation definitions, deferred periods, benefit periods, premiums, and how state benefits interact.
Miss the Self Assessment deadline and penalties start immediately — £100 on day one, then £10 a day after 3 months. Here are all the 2025/26 deadlines, who needs to file, how the penalty system works, and what Making Tax Digital means from April 2026.
