Posts in Limited Companies

Small Business Finance Made Easy: Simplex’s Approach

As a small business owner, managing your finances can feel overwhelming. Having the right accountant by your side can make all the difference. At Simplex[…]

CIS Gross Status

How to Achieve Gross Status under CIS for Contractors

Gross status under the Construction Industry Scheme (CIS) means contractors pay you in full without deducting tax. As a result, instead of having tax deducted[…]

Tax efficient ways to reward your team

Rewarding employees in a manner that is both motivating and tax-efficient can significantly enhance job satisfaction and culture within your team. There are various strategies[…]

Illegal Dividends

Illegal Dividends for Limited Companies

As a limited company director, navigating dividend distributions is a critical aspect of financial management. Dividends represent distributions of company profits to shareholders, serving as[…]

Tax Planning For Limited Companies

Taxes can be tricky for many business owners, especially if you aren’t a financial expert. With a bit of tax planning, you can make things[…]

Breaking Up with Your Accountant: A Guide on How to Switch

Best 5 Apps to Simplify Your Business Accounting

In today’s fast-paced digital world, businesses are constantly seeking ways to streamline their operations, increase productivity, and enhance their overall efficiency. Fortunately, the advent of[…]

Maximising Your Business Expenses: Opportunities for Success

Running a business in the UK is an exciting adventure filled with endless possibilities. Managing your expenses can be a game-changer for growth and success.[…]

How to Handle Director’s Loans

A director’s loan is when you (or other close family members) get money from your company that is not: a salary, dividend or expense repayment[…]

The Ultimate Guide to Employer Expenses and Benefits

Are you an employer and you provide expenses/benefits to employees or directors. Here is some advice, you might need to tell HM Revenue and Customs[…]

How to Claim Capital Allowances Like a Pro

Writing down allowances When you buy business assets you can usually deduct the full value from your profits before tax using annual investment allowance (AIA).[…]