If you’re a UK business owner, the recent Budget may have left you feeling slightly on edge about how to take money out of your limited company. With dividend tax rising, thresholds freezing, there is more pressure on take-home pay. And there’s a growing sense that the rules you’ve relied on for years are starting...
Your business is busy. Clients are coming in, work is getting done, and on paper it all looks healthy. But your bank balance tells a different story. You’re waiting on invoices, juggling payments, unsure how much you can take home, and that sinking feeling hits every time you log in to online banking. If that...
If you’re running a limited company, you probably enjoy the flexibility that comes with how you pay yourself. But with that flexibility comes confusion. Many business owners aren’t sure what’s best – salary, dividends, pensions, or benefits? Should you leave money in the company, or take it out now? Unfortunately, there is no ‘one-size-fits-all’ answer....
If you were faced with a hefty tax bill in January 2025, you’re not alone. Unfortunately, by the time your Self-Assessment deadline arrives, there’s often very little you can do to reduce your tax for the current tax year (2024/25). But instead of dwelling on it, now is the perfect time to focus on the...
What is a Dividend? A Simple Guide for Business Owners If you run a limited company, you’ve probably heard the term ‘dividend’ thrown around. But what exactly is a dividend? How do you pay yourself legally without getting into trouble with HMRC? And what happens if you accidentally get it wrong? This blog will break...
Running a small, limited company comes with its own challenges, and one of the biggest is ensuring you remain tax efficient. With changes announced in the 2024 Autumn Budget, it’s essential for directors and shareholders to rethink their salary and dividend strategies for 2025/26. Here’s a guide to help you navigate the most tax-efficient options. ...
As a business owner, one of the key challenges you face is taking money out of your limited company in a tax-efficient way. If you’re ambitious and looking to grow, minimising unnecessary tax payments is essential to keeping more cash in your business (and your pocket!). Fortunately, there are several ways you can legally withdraw...
At Beansprout, we are more than accountants. Empowering, nurturing and forever curious – at Beansprout we support ambitious business owners to grow their business using our Numbers, Narrative and Nurture approach. Call Us: 01525 306920 Message Us: letschat@bean-sprout.co.uk Beansprout Consultancy Ltd
Empowering, nurturing and forever curious – at Beansprout we support ambitious business owners to grow their business using our Numbers, Narrative and Nurture approach. Call Us: 01525 306920 Message Us: letschat@bean-sprout.co.uk Company Number: 14959795
About Beansprout
Company Number: 14959795
Registered Address: Capability House, Wrest Park, Silsoe, Bedfordshire, MK45 4HRLet's Connect
About Beansprout
Registered Address: Capability House, Wrest Park, Silsoe, Bedfordshire, MK45 4HR
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