Blog

Last reviewed: November 2026 An electric company car is still the most tax-efficient car a limited company can provide. The benefit-in-kind (BIK) rate is 4% for 2026/27, rising by small steps to 9% by 2029/30, compared with 25% to 37% for most petrol and diesel cars. Tax year Electric car BIK rate 2026/27 4% 2027/28

Employers can opt to deal with taxable benefits in kind through the payroll (known as ‘payrolling’) rather than reporting them to HMRC after the end of the tax year on the employee’s P11D. However, this is only possible if the employer is registered to payroll the benefits. This must be done before the start of

Not all property is equal when it comes to stamp duty land tax (SDLT). Higher rates apply to residential properties than to non-residential properties, with a 3% supplement applying to second and subsequent residential properties costing more than £40,000. Where a property comprises mixed residential and non-residential use, the lower non-residential rates apply. The difference

A would-be property investor will need to be able to fund the purchase of their investment property. They may choose to do this personally or via a company. If they do not have the funds available, they will need to borrow them. The tax relief that may be available depends on the route taken. Personal

Last reviewed: November 2026 You can put up to £20,000 into ISAs in the 2026/27 tax year, which ends on 5 April 2027. From 6 April 2027, the overall limit stays at £20,000, but people under 65 will only be able to put £12,000 of it into cash ISAs. Over-65s can still put the full