Benefits in kind 2025/26 for limited company directors: tax on perks, Class 1A NIC, key deadlines, and the move to mandatory payrolling from April 2027.
Contractor Tax Guides
- Limited company contractors have to account for company tax (Corporation Tax, VAT, Employers' NICs), and personal tax (Dividend Tax, Income Tax, Employees' NICs).
- In reality, a good accountant can take care of almost all of your company's accounting needs.
- If you're an umbrella contractor, then your tax and accounting needs are very simple, as you're taxed as a standard employee. Tax and NI deducted at source.
- How are dividends taxed?
- What is a director's loan?
- The most tax efficient salary for a director
- Limited company expenses your company can claim
- Taxes your limited company must pay
- What is the Employment Allowance?
BADR (Business Asset Disposal Relief) for company directors
Business Asset Disposal Relief (BADR) lets company owners close down at a reduced CGT rate. Find out the rules, tax rates, and how to claim in 2025/26.
Self Assessment tax return guide for contractors and company directors
If you’re a limited company director, or receive additional income upon which tax is due, you’ll need to complete a tax return each year. How to register for self-assessment, pay your tax liabilities, and avoid penalties.
MTD in 2025 for contractors: VAT live, ITSA from 2026, CT scrapped
MTD in 2025: VAT is live; ITSA starts from 2026 for sole traders and landlords (not limited companies); plans for MTD for Corporation Tax scrapped.
Depreciation in small company accounts – and why it matters
Learn how depreciation works in small company accounts, how it differs from capital allowances, and what it means for your Corporation Tax bill.
Tax relief on equipment and assets – a guide to Capital Allowances
A simple guide to claiming capital allowances through your limited company – including the AIA, Full Expensing, and Writing Down Allowances.
National Insurance guide for contractors – updated for 2025/26
A guide to National Insurance for IT contractors. How NI works, and the prevailing rates and thresholds for employees’ and employers’ NICs.
Calculate the tax cost of buying a car through your limited company (2025/26)
If you buy a car via your own limited company, there are several tax considerations to consider. Read our no-nonsense guide to work out the real cost.
PAYE – complete payroll guide for limited company contractors
The PAYE (Pay As You Earn) system is how HMRC collects Income Tax and National Insurance from employees’ earnings. Here’s how it works for contractors
Free dividend voucher & board minutes templates (UK limited company)
If you want to declare a limited company dividend, you must create two documents each time – board meeting minutes to record the director’s decision to distribute company funds, and a dividend voucher for each shareholder. Includes example templates.