Blog - Holeys

21-08-2024

Tax planning tips for minimising dividend tax liability

As a business owner, managing your income well is vital for sustaining both your business's health and your personal finances. Recent changes to the dividend tax allowance

21-08-2024

Cost-cutting strategies for SMEs amid energy price increases

Economic uncertainty often forces businesses to seek ways to reduce expenses without sacrificing quality or service. Recent data from energy software specialists POWWR’s Quarterly Energy Barometer Report

15-08-2024

Simple assessment letters sent to 560,000 taxpayers – What You Need to Know

HM Revenue & Customs (HMRC) is reaching out to around 560,000 individuals over the next few weeks regarding their tax obligations. These letters, which will include a

14-08-2024

Managing the financial health of your business – How building insurance can help

Storms, heavy rain, and other severe weather conditions can cause major damage to your business premises, leading to costly repairs, loss of revenue, and in some cases,

08-08-2024

Paying tax on time – The importance of timely tax payments

It goes without saying that submitting tax payments promptly is a necessity for businesses, not only to remain compliant but also to avoid unnecessary fines and penalties.

07-08-2024

Is Capital Gains Tax due to increase?

Recent Government data has revealed a drop in Capital Gains Tax (CGT) payments and the number of individuals paying it, a trend that might have important implications

01-08-2024

Using directors’ loans to benefit your business

Directors' loans are money you borrow from your company, distinct from salary, dividends, or reimbursed expenses. These loans must be recorded as a liability on the company's

31-07-2024

Non-doms set to face new Inheritance Tax hurdles

Starting next year, non-doms will face a tougher tax climate as Labour takes steps to fix what they see as outdated tax perks and overhaul Inheritance Tax

25-07-2024

Keeping your SME stable during economic uncertainty

There have been a lot of political changes in recent months, but the outlook for small and medium-sized enterprises (SMEs) remains gloomy. According to recent research by

24-07-2024

Pension crisis looms, so how can business owners help their employees?

The recent Scottish Widows 2024 retirement report highlights a growing pensions crisis, with the number of people not on track for even a minimal retirement lifestyle rising

22-07-2024

How to use dividends to pay directors

As you know, dividends represent a portion of your company's profits, which are distributed to its shareholders. Unlike salaries, which are subject to Income Tax and National

18-07-2024

Lessons from Gareth Southgate – Leadership insights for business owners

The recent resignation of Gareth Southgate as England manager, after an impressive eight-year tenure, marks the end of an era. Opinion is divided on Southgate’s time as