by Pi Accountancy | Feb 4, 2026 | Advisory and Resources, Companies House, Director, Regulations and Schemes, Self-Employment and SMEs
Authorised Corporate Service Providers (ACSPs) will play an important role in how businesses continue to interact with Companies House. They will help confirm identities and protect the public register from misuse. Over time, most third-party agents will also need to...
by Pi Accountancy | Jan 7, 2026 | Companies House, Director, Regulations and Schemes
From 18 November 2025, Companies House introduced mandatory identity verification for company directors and People with Significant Control (PSCs). This forms part of the Economic Crime and Corporate Transparency Act (ECCTA) and aims to improve transparency while...
by Pi Accountancy | Apr 2, 2025 | Director
As a director of a limited company in the UK, you have flexibility in how you pay yourself. The most tax-efficient approach is often a blend of salary and dividends. In this blog, we will explore the optimum director’s salary for 2025/26, helping you stay...
by Pi Accountancy | Mar 19, 2025 | Director
As a company director, your Director’s National Insurance Contributions work slightly differently compared to regular employees. What is Director’s National Insurance? The National Insurance system requires individuals to make contributions to qualify for...
by Pi Accountancy | Nov 12, 2024 | Director, Self Assessment
Many directors assume that filing limited company accounts and paying Corporation Tax covers everything. However, HMRC treats your personal income separately from your company’s tax affairs. As a result, Self Assessment often applies to company directors. Many...
by Pi Accountancy | Jun 6, 2024 | Advisory and Resources, Business, Director
Dividends affect how many business owners take income and how investors earn returns. They offer a simple and flexible way to share profits, and they often provide tax advantages when used well. What are Dividends? Dividends are payments that a limited company makes...
by Pi Accountancy | Apr 27, 2023 | Business, Director
Owner’s Equity Owner’s equity, also know as shareholders’ equity, represents the residual interest in the assets of a company after deducting it’s liabilities. In real words, it is the portion of a company’s assets that belongs to the...
by Pi Accountancy | Apr 6, 2023 | Business, Director, HMRC, Self-Employed, Taxes
Happy New Tax Year! As of today, the new UK tax year has officially started. It’s time to get your finances in order, review your tax code and start planning for the year ahead. Whether you’re self-employed, employed or a business owner, this is the...
by Pi Accountancy | Mar 21, 2023 | Business, Corporation Tax, Director, HMRC, MTD, Self-Employed, Taxes, VAT
Key Tax Changes for the 2023/24 Tax Year We’re here to inform you about the Key Tax Changes for the 2023/24 Tax year and how these changes will affect companies, as well as sole traders. National Insurance The introduction of the new “Health and Social...
by Pi Accountancy | Mar 16, 2023 | Business, Director, HMRC, PAYE, Payroll and Employment, Taxes
The Payroll Year will End on the 5th of April 2023 This year’s Payroll Year will end on the 5h of April 2023 and we’re here to help you get prepared for the next Payroll Year, with the dates you need to be aware of and tips to help you get ready. The Dates...
by Pi Accountancy | Mar 15, 2023 | Business, Corporation Tax, Director, Taxes, The Budget
Budget Highlights 2023 The Chancellor presented his Spring Budget on the 15th of March 2023 and we’re here to discuss some of the highlights. The Economy: The OBR expects inflation to fall from 10.7% to 2.9% by the end of 2023. UK economy will shrink by 0.2%...
by Pi Accountancy | Apr 1, 2022 | Allowances, Director, Self Assessment, Taxes
Married Couple’s Allowance can be transferred between spouses and civil partners, and while 2m couples have claimed this since it was introduced back in 2015, there are many more people who are entitled to claim it. Go back four years The allowance, which is worth up...
by Pi Accountancy | Dec 1, 2021 | Director
Christmas is a time of giving, and you may wish to give your employees a small token of your appreciation for their work during the year. To prevent the gift being accompanied by an unwanted tax liability, you can take advantage of the trivial benefits exemption to...
by Pi Accountancy | Oct 29, 2021 | Business, Corporation Tax, Director, Taxes, The Budget
The Chancellor presented his Autumn Budget and Spending Review on 27 October 2021 and we’re here to discuss some of the highlights. Income tax rates and thresholds The rates and thresholds applying for 2022/23 were confirmed. Personal allowance As...
by Pi Accountancy | Sep 30, 2021 | Director, HMRC, Self Assessment, Taxes
As part of the Government’s funding strategy for health and social care, the dividend tax rates are to be increased from April 2022, alongside the temporary increases in National Insurance, and, from April 2023, the introduction of the Health and Social Care Levy. The...
by Pi Accountancy | Sep 15, 2021 | COVID-19, Director, HMRC, Job Support Scheme, PAYE, Payroll and Employment, Taxes
The recent ‘pingdemic’ has resulted in large numbers of employees self-isolating. Where an employee meets the qualifying conditions, you must pay them SSP while they are self-isolating. As qualifying periods of self-isolation count as a Coronavirus-absence, if you are...
by Pi Accountancy | Aug 31, 2021 | Director, HMRC, Self-Employed, Taxes
Unique Taxpayers Reference A UTR is your Unique Taxpayers Reference Number, is what identifies you personally with HMRC. It’s 10 digits in length and is quoted on any correspondence you receive from HMRC, including: Your tax return A Welcome to Self-Assessment letter...
by Pi Accountancy | Jun 23, 2021 | Business, Director
Shareholder disputes often arise on matters such as company strategy, salaries and dividends. Disputes amongst shareholders can cause particular difficulties in smaller businesses where shareholders are also directors and therefore need to make all board level...
by Pi Accountancy | May 21, 2021 | Business, Director, HMRC, Taxes
If you run your business as a personal or family company, you will need to decide how best to extract profits for your personal use. A typical tax-efficient strategy is to pay yourself a small salary and then extract any further profits as dividends. Where this...
