The £300 Tax-Free Perk Many Ltd Company Directors Miss
Did you know that if you run your business through a Ltd Company, you may be able to receive up to £300 per year in tax-free trivial benefits? A trivial benefit is a small gift from your company to you as a director. Common examples include flowers, chocolates, a meal out, a bottle of wine […]
🚗 HMRC Mileage Rates Have Increased!
The increase to 55p per mile was announced in May 2026 and is backdated to 6 April 2026 for the entire 2026/27 tax year. (GOV.UK) Here’s an updated post: For the first time in 15 years, the approved mileage rate for cars and vans has increased from 45p to 55p per mile for the first 10,000 business miles. The […]