Limited Company Directors

Allowable benefits for UK limited companies

Running a limited company in the UK comes with numerous responsibilities, especially regarding benefits provided to employees and directors. For contractors and small businesses, understanding allowable benefits is essential. This is because they can either be exempt from tax, offer potential tax reliefs, or have specific tax treatments. Here, we’ve covered what allowable benefits are,

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Limited company directors: Do you know how much personal tax you incurred for 2024/25?

As a limited company director, you’ll need to keep on top of your bookkeeping and personal tax obligations for legal compliance and your own financial health. We are now into the fifth month of the financial year, which runs from April 6, 2024 to April 5, 2025. Do you know where you stand in terms

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