Most Tax Efficient Director Salary and Dividend Strategy for 2026/27
Posted on February 25, 2026Dividends vs salary. For most owner-managed limited company directors, the most tax-efficient remuneration strategy in 2026/27 will usually be: A salary up to £12,570 combined with dividends, adjusted depending on other income, National Insurance po More...
Making Tax Digital for Income Tax (MTD ITSA)
Posted on February 20, 2026A Guide for Sole Traders and Landlords in Darlington and the North East Making Tax Digital for Income Tax (MTD ITSA) is one of the biggest changes to the UK Self Assessment system in recent years. From April 2026, many sole traders and landlords acros More...
Autumn Budget 2025 – How it impacts small businesses and private individuals
Posted on November 27, 2025The Chancellor of the Exchequer, Rachel Reeves, delivered the 2025 Autumn Budget yesterday (26 November). Here’s a round-up of the key points for UK small businesses and private individuals. Taxes, Pensions and Savings NICs and Income Tax More...
Autumn Budget 2024 Summary
Posted on November 2, 2024Autumn Budget Summary Here is a summary of the main changes announced in the Autumn Budget. We have focussed on the issues that we believe are most relevant to our clients. INDIVIDUALS CAPITAL GAINS TAX For disposals on or after 30 Oc More...
High Income Child Benefit Charge
Posted on March 20, 2024In the 2024 Spring Budget the Chancellor announced changes to the High Income Child Benefit Charge ("HICBC") from April 2024. The threshold, that this charge applies to, was raised from £50,000 to £60,000 and the taper will apply from £60,000 to £ More...
