20 October 2026
How to Claim Back CIS Tax You've Overpaid
If a contractor has taken 20% or 30% from your construction payments, you've probably paid more tax than you owe. Under the Construction Industry Scheme (CIS), those deductions are advance payments towards your tax bill. Sole traders reclaim them through Self Assessment, while limited companies offset them through payroll and claim any surplus separately.
Read article →20 October 2026
What Is the Flat Rate VAT Scheme?
The Flat Rate Scheme for Value Added Tax (VAT) lets eligible businesses pay HM Revenue and Customs (HMRC) a fixed percentage of their VAT-inclusive turnover, instead of working out VAT on sales minus the VAT they can reclaim on purchases. It's a simpler calculation, and for some businesses it's a cheaper one too.
Read article →29 September 2026
How to Pay Your Corporation Tax Bill
Corporation Tax is usually due 9 months and 1 day after the end of your company's accounting period, which is normally its financial year end. If your taxable profits exceed £1.5 million, different quarterly instalment rules can apply, which we cover below.
Read article →23 September 2026
CIS Gross Payment Status Explained: Who Qualifies and How to Apply
Invoice a contractor for £5,000 under standard CIS and £1,000 never reaches you. With gross payment status, the full £5,000 lands in your account. No 20% deduction if you're registered, no 30% if you're not.
Read article →31 August 2026
What Expenses Can a Limited Company Director Claim?
Most limited company expenses guides give you a long list and leave you to work out the awkward bits yourself. Not ideal. Directors usually need to know what is fully deductible, what HMRC might question, and what evidence they need to keep if anyone asks later. This guide answers those questions clearly.
Read article →7 August 2026
How Much Corporation Tax Does a Limited Company Pay in 2026?
UK limited companies pay Corporation Tax at 19% on profits up to £50,000 and 25% on profits above £250,000, with Marginal Relief tapering the rate between those bands.
Read article →17 April 2026
5 Tax Allowances Every Limited Company Should Be Using
Most directors focus on what's coming in, but thousands of pounds in profit quietly disappear each year through unused tax allowances. It's rarely a mistake. It's usually a timing issue, an awareness gap, or the assumption that your accountant is already claiming everything. This isn't aggressive tax avoidance. These are legitimate allowances written into UK tax law.
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