News & Information

Company director considering lending and borrowing to company

How do directors’ loans work?

Running a business isn’t always easy work, especially when balancing the day-to-day business tasks with managing finances. You may find from time to time that you need to lend money to your company or even borrow money from your company – this is what is known as a director’s loan. A director’s loan is one

Read More »
What tax deductions can I claim on my investment property?

What tax deductions can I claim on my investment property?

As a property investor, you can make significant tax savings on your investment properties by claiming them as allowable expenses on your tax return. Allowable expenses for landlords can vary for different types of investments, but ultimately, working with an experienced tax specialist can reduce your tax bill and increase your rental property income. What

Read More »
Are employee benefits tax efficient for limited companies?

Are employee benefits tax efficient for limited companies?

In addition to building a trusted workforce and retaining your most valuable employees, providing an employee benefits package can result in significant tax savings for your limited company. Employee benefits are additional perks employees receive outside of their salary. When structured correctly, these benefits, such as private healthcare, company cars and childcare vouchers, can be

Read More »
office space and equipment rented out to limited company

Can you rent personal assets to your limited company?

As professional accountants, some of the questions we’re most frequently asked by limited company owners are about tax relief. It’s often a delicate balancing act between the benefits for the company and the individual. What may surprise you is that there is one particular legal ‘loophole’ that is beneficial to both. As a director, you

Read More »
guide to borrowing and loaning from your limited company

Guide to borrowing and loaning to a limited company

Lending to your own company is a good way to grow your business and can come with tax benefits. Like most financial transactions, there are tax implications. Lending/borrowing money from limited companies has risks and benefits: Risks: Non-repayment Associated tax risks Possible strain on company cash flow Benefits: Access to additional capital Flexibility Tax advantages

Read More »
company director reviewing their salary and dividends

How to pay yourself as a company director: Salary vs dividends

Did you know that as a director, you have the flexibility to pay yourself in various ways? Company directors can choose to pay themselves with a salary, dividends or a combination of both. It can be beneficial for directors to take a combination of salary and dividends as: dividend tax rates are lower than income

Read More »

It Is Easy To Switch Accountants!

Just because you might have accountants in Nottingham doesn’t mean you have to stay with them. If they aren’t doing enough for you, helping you to save money on tax and other bills and developing your business, you should think about changing. 

It’s easier than you think. It only takes a few minutes, and it could dramatically alter your business for the better. 

If you want to go ahead and change accountants to Archimedia Accounts, we will have a few letters sent to you in the post, which you simply pass on to us. And we will liaise with your previous accountants to get any additional details and information we might need. That’s all it takes to get progressive, proactive accounting from a company that cares about your business and will help you to succeed even more.