If you have a Limited Company you may find there are times when you’re not trading but you want to keep your company active, or you may decide to set a company up but not trade straight away. In both cases you’d put your company into a dormant state. But what is a dormant [...] The post Dormant Companies: what Contractors and freelancers with a UK Limited Company need to know appeared first on SG Accounting.| SG Accounting
Discover how UK employers can offer tax-free trivial benefits to employees, including what qualifies, HMRC rules, and how to stay compliant.| SG Accounting
Understanding how dividends work is key to running your Limited Company tax-efficiently and maximising your overall take-home pay. While it’s always wise to speak with your SG Client Director for tailored advice, having a solid grasp of the basics can help you make smarter financial decisions. In this blog, we’ll break down what dividends are, how [...] The post Limited Company Dividends appeared first on SG Accounting.| SG Accounting
Making Tax Digital (MTD) is transforming how UK businesses manage tax. Discover what MTD means, key deadlines, and how SG Accounting can support you.| SG Accounting
The whole team here at SG Accounting are proud to announce that our FCSA accreditation has been renewed for yet another year!| SG Accounting
Chancellor of the Exchequer, Rachel Reeves, held the Spring Statement on Wednesday 26 March 2025. In the run up to the event, the Chancellor stated that she ‘remains committed to one major fiscal event a year to give families and businesses stability and certainty on upcoming tax and spending changes and, in turn, to support the government’s growth mission’.| SG Accounting
In this blog we take a closer look at Limited Company director's responsibilities, and when key dates are due throughout the financial year.| SG Accounting
The Employer's National Insurance rate increase is almost here. This blog covers the key things to be aware of for the fast-approaching 2025/26 tax year.| SG Accounting
Take a look at our infographic for the 2025/26 tax year rates and allowances.| SG Accounting
Maximise your tax efficiency before tax year end, by ensuring all of your allowances have been used. Take a look how to in our infographic.| SG Accounting
In this blog we’ll cover the steps on how to close your Limited Company, and what you need to know when going through this process.| SG Accounting
In this blog we explore what S455 tax is, how much it could cost you and when you may incur it.| SG Accounting
Forty billion pounds of tax rises represents one of the very largest tax rising Budgets outside of a time of recession, with Rachel Reeves announcing a compendium of changes aimed at businesses and higher tax payers. A penny off a pint and frozen fuel duty will be small comfort for some, with the following headlines affecting contractors and small business owners in the UK. (Don’t forget to follow our socials for more detail in the coming days.)| SG Accounting
In this blog we explore the world of free childcare, how to check your eligibility, and what the restrictions are when it comes to your earnings.| SG Accounting
In this blog we explore electric car tax when buying outright, leasing and hire purchase.| SG Accounting