These are written by the accountants and tax advisers who deal with this work every day, so they cover the questions clients actually bring us.
· Abbas Gulamhusein
When a company buys back its own shares from a shareholder, the proceeds can be taxed in one of two completely different ways. On a large buyback the gap between them runs into hundreds of thousands of pounds. The transaction is identical either way; only the tax treatment changes. That is exactly why HMRC pays attention, and why you should too.
Read more →· Abbas Gulamhusein
Take money out of your company that isn't salary, a dividend or a genuine expense, and it lands in your director's loan account. Leave that account overdrawn and it triggers tax charges that catch a lot of owner-directors by surprise. From April 2026 the main charge is bigger than it used to be.
Read more →· Abbas Gulamhusein
If you're a director running a company that's making real profit, one of the most tax-efficient decisions you can make is paying pension contributions through the company rather than from your personal income.
Read more →· Abbas Gulamhusein
Running a limited company means you only pay corporation tax on profit, not on revenue. That profit is calculated by taking your income and subtracting your expenses. But not every expense you incur gets deducted.
Read more →· Abbas Gulamhusein
If you run a limited company and occasionally take money out that's neither salary nor dividend, it goes into something called a director's loan account.
Read more →· Abbas Gulamhusein
If you run a business above a certain size, you'll need to register for VAT whether you want to or not.
Read more →· Abbas Gulamhusein
This is one of the most common questions I get from landlords and property investors. The answer most people hope for is a simple yes or no.
Read more →· Abbas Gulamhusein
R&D tax relief is one of the most underutilised reliefs available to innovative UK businesses.
Read more →· Abbas Gulamhusein
If you're running a profitable limited company, corporation tax is one of your biggest costs.
Read more →· Abbas Gulamhusein
When a business buys an asset, the cost doesn't simply get deducted from profit in the year of purchase.
Read more →· Abbas Gulamhusein
If the only financial information you look at each year is your statutory accounts, you're making decisions about your business based on figures that are six to nine months old.
Read more →· Abbas Gulamhusein
Business valuation matters in several contexts.
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