Business Strategy

Can You Give Your Children Money Without Paying Tax?

September 15, 2026

Can You Give Your Children Money Without Paying Tax? Helping children financially is becoming increasingly common. Parents may want to contribute towards: A house deposit University costs A wedding A first car Starting a business General living expenses But once the amounts become significant, tax questions naturally arise. Can you simply give your children money,

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Trading Allowance

Should You Pay Off Your Mortgage Early or Invest the Money Instead?

September 10, 2026

Should You Pay Off Your Mortgage Early or Invest the Money Instead? For many people, this becomes one of the biggest financial decisions they face. You have some spare cash each month. Do you: Overpay the mortgage Put the money into savings Invest it Add more to a pension Keep the cash available There is

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What Counts as a Business Expense?

How Much Should You Pay Yourself From Your Limited Company?

September 6, 2026

How Much Should You Pay Yourself From Your Limited Company? One of the most common questions limited company directors ask is: “How much should I actually pay myself?” It sounds straightforward, but there is rarely one figure that works for every director. Money can potentially be extracted from a company through salary, dividends and other

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concept interest rates and dividends ,investment growth percentage and interest on deposits ,increase in interest rates ,Retirement returns ,increase of business profits, finance and investment

AI and Jobs: Why Better Technology Should Create Better Work

August 23, 2026

AI and Jobs: Why Better Technology Should Create Better Work Artificial intelligence will affect jobs. For businesses, however, the discussion should not begin and end with the question: “How many people can AI replace?” There is another way to look at it. If AI can reduce repetitive administration, process information faster and improve efficiency, businesses

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Why Delaying Difficult Business Decisions Can Cost You Control

August 23, 2026

Why Delaying Difficult Business Decisions Can Cost You Control Running a business means making decisions. Some are straightforward. Others affect money, employees, customers or the future direction of the company — and those are often the decisions that are easiest to delay. Perhaps a cost needs to be reduced. A service is no longer performing.

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Business owner reviewing a working capital report with financial notes behind him.

Business Procrastination: Stop Putting Off the Jobs That Matter

August 22, 2026

Business Procrastination: Stop Putting Off the Jobs That Matter Business owners are rarely short of work. There are customers to look after, employees to manage, emails to answer, sales to make and problems to solve. It is perfectly possible to spend an entire day working hard and still avoid the one job that actually needs

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Concerned business owner reviewing paperwork while dealing with cash flow difficulties.

Need Help With Your Business Accounts? Don’t Leave It Until It Gets Worse

August 21, 2026

Need Help With Your Business Accounts? Don’t Leave It Until It Gets Worse There is one word accountants hear surprisingly often from new clients: Help. The circumstances behind it can vary considerably. A business owner may have fallen behind with their accounts. Tax liabilities may not have been properly planned for. Bookkeeping might be becoming

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What Counts as a Business Expense?

Can I Pay Myself Dividends Every Month?

July 30, 2026

Can I Pay Myself Dividends Every Month? If you are a director and shareholder of a limited company, you may have heard that dividends can be a tax-efficient way to take money from the business. A common question is: “Can I pay myself dividends every month instead of waiting until the end of the year?”

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Family Investment Company

Can I Put My Wife, Husband or Family on the Payroll?

July 27, 2026

How to employ your spouse, partner or other relatives correctly through your business Iftiaccounting.com/limited-company/) or a growing business, you may have wondered whether you can employ your spouse, partner or another family member. It is one of the most common questions accountants are asked, and it is easy to see why. If a family member

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Working from home

Can My Limited Company Pay for My Mobile Phone?

July 20, 2026

Can My Limited Company Pay for My Mobile Phone? If you are a company director, you may have wondered whether your limited company can pay for your mobile phone. It is one of the most common questions accountants receive, and the answer depends on how the arrangement is structured. In many cases, a limited company

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