Taxflow Partners

Another great piece of client feedback.

We’re always grateful for feedback like this. Feedback like this highlights the impact of our work and reinforces our focus on delivering meaningful results.

If you’re looking for a partner dedicated to achieving real results, feel free to get in touch.

From 6 April 26, dividend tax rates in the UK are increasing. For many company directors and investors who rely on dividends as part of their income, this change could mean a higher personal tax bill.

Here’s what’s changing:

• Basic rate: rising from 8.75% → 10.75%
• Higher rate: rising from 33.75% → 35.75%
• Additional rate: remains 39.35%
• Dividend allowance stays at £500 tax-free each year.

In practical terms, this means an extra £20 of tax for every £1,000 of dividends above the allowance for basic and higher-rate taxpayers.

For business owners who take profits via dividends, now is a good time to review your profit extraction strategy, timing of dividends, and tax planning for the new tax year.

If you’re unsure how the changes will affect you, speaking to a tax adviser before the new tax year begins could save you money.

Many business owners overlook one of the simplest ways to reduce their corporation tax bill: employer pension contributions.

When your limited company makes a pension contribution on your behalf, it’s usually treated as an allowable business expense. That means:

• The company reduces its corporation tax bill
• You build tax-efficient retirement savings
• No employer National Insurance on the contribution
• No personal tax at the point of contribution (within allowances)

It’s one of the most tax-efficient ways to extract profits from your business, especially compared to salary or dividends.

With corporation tax rates where they are, smart planning matters more than ever.

If you’re running a profitable limited company and haven’t reviewed your pension contributions recently, it could be time to take a closer look.

It’s surprising how many new clients come to us who aren’t structured in a tax-efficient way and are paying more corporation tax than they need to.

That’s why every one of our monthly subscription clients receives a tax health check. We review their setup, identify inefficiencies, and show exactly how they can become more tax-efficient. In most cases, there are quick wins we can implement straight away.

If your business could benefit from a clearer, more tax-efficient structure, get in touch to see how Taxflow Partners can help.

We’ll be closing down for Christmas to take a short break and recharge with family and friends. Thank you to all our clients for your continued trust and support throughout the year. Wishing everyone a relaxing Christmas and a successful New Year ahead. 🎄

Here’s a small win most UK company directors overlook and it’s completely legitimate.

It’s called Trivial Benefits.

✅ You can gift yourself (and employees) items or vouchers up to £50 in value.
✅ It’s tax-free and not reportable to HMRC — if it meets the rules.
✅ And directors of “close companies” (that’s most small limited companies) can enjoy up to £300 a year in total.

The only catches:

It can’t be cash or a cash voucher.
It can’t be a reward for work or performance.
It must feel like a genuine “gift”, think meal vouchers, hampers, or even a nice bottle of wine.

🎁 A £50 meal voucher may seem trivial…

But these small perks add up, especially when you’re balancing tax efficiency with well-deserved rewards.

At TaxFlow Partners we love working with start-ups because we know how overwhelming the early days can be.

Big ideas, endless to-dos, and the constant worry: “Am I doing this right?” That’s where we step in.

We help founders:
🔹 Choose the right business structure
🔹 Simplify bookkeeping and financial admin
🔹 Stay HMRC-compliant while claiming the right reliefs
🔹 Turn numbers into clear insights for smarter decisions

Our goal is simple: take the stress of finances off your plate so you can focus on building your vision.

If you’re starting out and want a partner who gets the challenges of early-stage business, let’s connect.

Tell HMRC about a change to your personal details How to tell HMRC if there's a change to your personal details - address, name, income, marital status, gender

One thing we’ve noticed recently is how many people put off looking at their numbers until something goes wrong. By then, stress levels are high, deadlines are close, and opportunities for tax savings or better planning can be lost.

But the truth is: your accounts aren’t just a compliance exercise — they’re a roadmap for growth.

✅ Clear financials = better decisions
✅ Proactive planning = lower tax bills
✅ Regular check-ins = fewer surprises

At TaxFlow Partners, we’ve built our approach around being more than “just accountants.” We want to be a sounding board, a guide, and a partner in helping businesses thrive.

If you’re feeling overwhelmed by your accounts, or simply want more clarity about where your business is headed, I’d love to have a chat.

📊 Numbers tell a story — let’s make sure yours is one that leads to success.

Smart Saving Strategies for Your Limited Company

Running a successful limited company isn’t just about increasing revenue, it's also about taking a thoughtful approach to cost control and financial planning. Here are a few proven ways to make your company’s money go further:

1. Maximise Allowable Expenses
Don’t leave money on the table. Claim all legitimate business expenses, from software subscriptions to use of home office, to reduce your taxable profits.

2. Make Use of Capital Allowances
Purchased equipment, furniture, or even certain elements of commercial property? You could be eligible for capital allowances, which reduce your tax bill.

3. Retain Profits Strategically
Keeping money in the company (rather than withdrawing as salary/dividends) may reduce your personal tax exposure. Consider how much you actually need to extract.

4. Open a Business Savings Account
Park surplus cash in a high-interest business savings account. Let your reserves earn passive income instead of sitting idle.

5. Pension Contributions
Company pension contributions are an allowable business expense and a tax-efficient way to extract profits while planning for the future.

6. Review Subscriptions & Overheads
Set a quarterly reminder to audit your outgoings. Cancel unused subscriptions or negotiate better terms with suppliers.

7. Tax Planning = Cash Saving
A proactive tax plan can often unlock thousands in savings — especially when working with an adviser who understands your goals.

Running a limited company is full of opportunities — and with the right strategy, you can make your money work harder for you.

Need help reviewing your company’s finances? Let’s have a chat.

We guarantee a fixed fee of £389 + vat to prepare and submit your accounts and corporation tax return. Contact us today to get started.

⚠️ We've had reports of suspicious letters claiming to be from Companies House.

Please do not follow any instructions in this letter.

Read more about fraudulent letters: https://www.gov.uk/guidance/reporting-scams-pretending-to-be-from-companies-house -letters