Used wisely, a company loan can be an attractive option for directors who need to access company funds, especially if the need is urgent. However, there can also be serious tax implications for the unwary.…
Untangling red tape on company reporting
Government plans on company reporting appear somewhat contradictory. Some regulations are set to tighten from April 2027, but latest announcements suggest a move in the opposite direction. The current intention is that from 1 April…
Cash ISAs twice as popular as stocks and shares ISAs
HMRC figures for 2023/24 show cash ISA subscriptions have increased by almost 224% more than stocks and shares ISAs by the end of the decade. The Chancellor’s plan to reform individual savings accounts (ISAs) to…
Let Property Campaign nudges up revenues
HMRC’s Let Property Campaign has been running for over twelve years. In 2024/25, it pulled in a record £107 million from landlords – more than a 60% increase on the previous year. The number of…
Cryptocurrency conundrums
A Bank of England proposal to cap stablecoin holdings at a maximum of £10,000 or £20,000 for individuals has received fierce criticism; however, there are signs the Bank is softening its stance. A stablecoin is…