Tax
Browse our hundreds of tax articles written by leading UK tax experts Peenybooks. Covering all areas of tax including inheritance tax, capital gains tax…
Dividends Explained
This is a quick refresher on dividends... What is a dividend? A company is allowed to distribute any available profits to it’s shareholders. This is known as declaring a dividend. To illustrate this, a Company at the end of it’s first year has made a net profit before tax of £40,000. It will then...
Read more![Year-end Accounts – What you need to know](https://pennybooks.io/wp-content/uploads/2023/05/accounts-pic-600x480.jpg)
Year-end Accounts – What you need to know
This is an update on limited Company year-end accounts, just to remind...
Read more![VAT – Update to penalties in 2023](https://pennybooks.io/wp-content/uploads/2023/05/VAT-update-600x480.jpg)
VAT – Update to penalties in 2023
From the start of 2023, HMRC have changed the way that penalties...
Read more![Corporation Tax – Are you ready for the rise?](https://pennybooks.io/wp-content/uploads/2023/04/Corp-tax-Apr-23-600x480.jpg)
Corporation Tax – Are you ready for the rise?
You have no doubt heard about the planned Corporation tax rise in...
Read more![Self assessment – Top tips to avoid January meltdown](https://pennybooks.io/wp-content/uploads/2022/11/HMRC-call-idea-v2-600x480.jpg)
Self assessment – Top tips to avoid January meltdown
It’s that time of year again, the count down to 31 January...
Read more![Trivial benefits – Know the score](https://pennybooks.io/wp-content/uploads/2022/11/Trivial-benefit-600x480.jpg)
Trivial benefits – Know the score
Have you got employees in your business? Good to get clear on...
Read more![The current UK financial mess – step by step](https://pennybooks.io/wp-content/uploads/2022/10/U-Instagram-Post-Portrait-Blog-Banner-1-e1666121801166-600x480.png)
The current UK financial mess – step by step
We’ve outlined the mess over the past few weeks in layman’s terms....
Read more![The Infamous 2022 Mini-Budget – Explained](https://pennybooks.io/wp-content/uploads/2022/10/coins-600x480.jpg)
The Infamous 2022 Mini-Budget – Explained
New chancellor, he’s still there – just about - only a couple...
Read more![How to pay yourself from a Limited Company](https://pennybooks.io/wp-content/uploads/2022/08/Freelancer-600x480.jpg)
How to pay yourself from a Limited Company
You’ve set up a Limited Company - about to start the...
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