
Corporation tax, dividend tax and director's loans all changed for 2026/27 — and if your company's profits sit between £50,000 and £250,000, you're paying an effective rate of 26.5% whether you realise it or not. This complete guide covers corporation tax rates and marginal relief, the best way to pay yourself as a director, allowable expenses, benefits in kind, company cars, pensions, capital allowances, R&D relief, VAT, IR35, closing a company and every key 2026/27 deadline. Whether you're weighing up salary versus dividends or simply want to know what's changed since last year, this is your one-stop reference. Read the full guide, then get in touch with Cannon Accountants if you'd like your own figures checked against it.
Read MoreThe routine services you would expect us to provide are listed below but it’s the important ongoing professional advice that really helps our clients.
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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.
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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.
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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.
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Choosing the right business structure is one of the first big decisions every entrepreneur faces. Your choice affects taxes, liability, and how your business is perceived. Many clients ask me: “Should I stay a sole trader, or form a limited company?” The answer isn’t one-size-fits-all — it depends on your income, risk, and growth plans. Let’s break it down.


We are experienced certified accountants in Kent that are committed to helping small businesses achieve growth.