Limited company owners cannot offset the cost of standard work clothes against tax, although there are some interesting exceptions. Here we look at how HMRC treats clothing expenses.
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Read the 10-Step Guide →Does your limited company need a shareholders’ agreement?
If you decide to set up a limited company with other people - either for contracting or another type of business - how do you ensure that all of your shareholders are protected in case something goes wrong? A well-drafted shareholders' agreement … [more]
Dividend tax guide for limited company directors (2026/27)
Limited companies of all sizes can distribute their profits to shareholders as dividends. This article explains what dividends are, how they are taxed, and how to account for them properly. … [more]
Who can be a company director? Eligibility, age limits, disqualifications
Becoming a director of a limited company can be very rewarding, but it also entails a number of responsibilities. Who can become a director in the first place? … [more]
The optimum salary for limited company directors in 2026/27
What is the optimum salary for a limited company director in the 2026/27 tax year? Read on to find out. … [more]
How much is the tax free dividend allowance in 2026/27?
The dividend allowance means the first £500 of dividends you receive is tax-free. But how does this allowance work in practice in the 2026/27 tax year? … [more]
Claiming back pre-trading expenses from your limited company – the basics
If you've spent personal funds setting up a business, what scope is there to reclaim these costs from your limited company after incorporation? … [more]
Lack of outside IR35 roles remains top concern for contractors
IR35 has emerged as the single biggest concern for contractors, more so than fears over tax rises, artificial intelligence and even ill health, according to new research. … [more]
Companies House to raise filing and incorporation fees in Feb 2026
Companies House is raising its filing and incorporation fees again, marking the second increase since 2016. The cost of forming a new company will rise from £50 to £100, while the confirmation statement fee increases from £34 to £50. Notably, some … [more]
Limited company registered address – what are my options?
When you form a company for the first time, you’ll have to provide Companies House with several addresses, the most important one being your registered office address. … [more]
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