JAC Accountancy Solutions Limited

07/06/2026

💷 Are you paying yourself from your limited company in the most tax-efficient way?

For 2026/27, the optimal director salary is £12,570 — the same as the Personal Allowance. Here's why it matters:

✅ At £12,570, you pay no income tax and no employee NI on your salary
✅ The company gets Corporation Tax relief on the full salary amount
✅ That relief (£2,388 at 19% CT, or £3,143 at 25%) outweighs the employer NI cost of £1,135
✅ Net saving over a £5,000 salary: up to £1,800 per director per year

Then top up with dividends:
📊 First £500 of dividends is tax-free (dividend allowance)
📊 Dividends within the basic rate band taxed at just 10.75%
📊 No NI on dividends — for either you or the company

💡 Husband and wife company? Even better. If you both qualify for the Employment Allowance (£10,500), the employer NI cost disappears entirely. Combined saving for a husband-and-wife company can exceed £3,700 in a single tax year.

Key 2026/27 figures:
→ Personal Allowance: £12,570
→ Employer NI threshold: £5,000 (rate: 15%)
→ Employee NI threshold: £12,570 (rate: 8%)
→ Dividend allowance: £500
→ Basic rate dividend tax: 10.75%
→ Employment Allowance: £10,500

⚠️ This isn't one-size-fits-all. If you have other employment income, if your total income exceeds £100,000, or if you're approaching pension age, a different strategy may be more efficient. We look at this individually for every director client we work with.

We've written a full guide with the 2026/27 numbers — link below.

📞 07485 179 655
🌐 www.jacaccountancysolutions.com
📅 Book a free call: app.usemotion.com/meet/jacaccountancy/booking

#2026

31/05/2026

📋 Important update for limited company directors in Macclesfield and Cheshire...

HMRC has introduced new mandatory disclosure requirements for directors of close companies on their 2025/26 self-assessment tax return.

If you're a director and shareholder of your own limited company, you now need to include all of the following on your return:

✅ Whether you are a director of a close company (now compulsory — it was optional before)
✅ The full name and Companies House registration number of each close company
✅ The value of dividends you received from the close company — reported separately from your other dividend income
✅ Your percentage shareholding in the company during the year

These changes apply to the 2025/26 tax year (the year ended 5 April 2026). Filing opens now, with the 31 January 2027 deadline.

What is a close company? Almost certainly yours — it's any UK limited company controlled by five or fewer shareholders, or by its directors. The vast majority of owner-managed limited companies qualify.

Why is HMRC doing this? Greater transparency and data matching — HMRC will be able to cross-reference your personal return against your company's corporation tax return. Errors or inconsistencies could trigger a compliance check.

The rules are clear but some of the detail — particularly around different share classes — still awaits further HMRC guidance. We're monitoring this closely and will keep you updated.

📖 We've written a full guide on exactly what's required and how to prepare — link below.

If you'd like us to handle your 2025/26 self-assessment return, including all the new close company disclosures, get in touch for a free 30-minute conversation.

📞 07485 179 655
🌐 www.jacaccountancysolutions.com
📅 Book a free call: app.usemotion.com/meet/jacaccountancy/booking

27/05/2026

⚠️ Making Tax Digital is now live — are you affected?

From April 2026, sole traders and landlords with income over £50,000 must keep digital records and submit quarterly updates to HMRC.

Here's what that means in plain English:
✅ Digital bookkeeping using software like Xero
✅ 4 quarterly updates per year (instead of one annual return)
✅ A Final Declaration by 31 January each year

Not sure if this applies to you? The threshold is based on your gross income from self-employment or property in 2024/25 — not your profit.

We're helping clients across Macclesfield and Bollington get MTD-ready. Book a free 30-minute call to talk it through 👇

🔗 www.jacaccountancysolutions.com

Independent accountants serving Bollington, Macclesfield and Cheshire. Personal tax returns, company accounts, bookkeeping and payroll. Speak directly to Jeff or Rhian — never a call centre.

30/04/2025

Get us….we have moved up in the world!
One floor up in fact. New office on the first floor of the Chimney of Adelphi Mill.
Nothing else has changed, coffee still brewing and numbers still being crunched.

Pop by and say hi!