Insights

Our tax and accountancy experts give their views on the latest news and events affecting business owners in the UK.

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Tax tips Rebecca Priddle Tax tips Rebecca Priddle

Summer tax briefing 2026

There's plenty to keep an eye on this quarter. Mileage allowances have gone up for the first time in 15 years, director reporting requirements have changed, and there's a temporary VAT reduction landing in June that could affect your pricing. We've pulled together everything you need to know in one place.

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FAQs Rebecca Priddle FAQs Rebecca Priddle

What's PAYE?

PAYE is the system HMRC uses to collect Income Tax and National Insurance from employment income. Here's how it works for limited company directors and their staff.

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FAQs Rebecca Priddle FAQs Rebecca Priddle

What is a limited company?

A limited company is a separate legal entity from its owners, with its own tax position, limited liability and a formal structure for running a UK business.

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FAQs Rebecca Priddle FAQs Rebecca Priddle

What’s Corporation Tax?

Corporation Tax is a tax on company profits in the UK, charged at 25% for most companies, with reliefs and thresholds depending on profit levels.

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