Blog

The 2025 Budget brought major shifts for SMEs and business owners. Tax thresholds are frozen until 2030–31, meaning more people will drift into higher tax bands as wages rise. Dividend, savings and rental income tax rates are set to increase, reducing the benefits of the classic “low salary + dividends” strategy used by many directors and contractors. Overall, SMEs face higher tax burdens, increased payroll costs, and reduced incentives for traditional profit-extraction methods. Now is the time for business owners and contractors to reassess remuneration, pension planning and business structure.

VAT can feel like a maze for car dealers, especially when trade-ins, margin schemes, and imports are involved. This guide breaks it down in plain English, with real-life stories and case studies from UK dealerships. Learn how VAT really works in the motor trade, what mistakes to avoid, and how to make the right choices when buying or selling cars.

Thinking of buying property through a limited company? This guide breaks down the tax benefits, mortgage considerations, and potential pitfalls of corporate property ownership. Learn how rental profits are taxed, whether mortgage interest is deductible, how inheritance and stamp duty are affected, and what costs to expect. Perfect for landlords and investors looking to make informed property decisions.

Running your own business is exciting, but it comes with questions, responsibilities, and decisions that can feel overwhelming. From registration and taxes to liability and record keeping, there’s a lot to consider. This Mega Guide for Sole Traders brings everything together in one place. Each section is designed to give clear, actionable advice for both new and established sole traders. Whether you’re thinking of starting your first business or planning to grow, this guide will help you make informed decisions and stay compliant with HMRC and UK law.