S R Lynn & Co

03/06/2026

Double up on the employment allowance

You’re the sole shareholder of a limited company which employs several members of staff. You’re working on plans to start another business with an ex-colleague. Can both businesses benefit from the full employment allowance (EA)?

28/05/2026

Dodging tax and NI on 2025/26 benefits

If you had taxable benefits in kind in 2025/26 then you’ll have to pay income tax on the value. Your company also has to pay 15% NI. Now the tax year has passed is there any way you can reduce or eliminate this tax liability?

22/05/2026

Selling spare items to your company

You’re short of cash but if you use the traditional methods to take more money out of your company you’ll pay higher rate taxes. Is there another way to extract profits without paying income tax or NI?

20/05/2026

No such thing as a (tax) free lunch?

You run a small consultancy company and treat your staff to lunch in the office once a week. Your bookkeeper says it’s a taxable benefit in kind because staff lunches are only exempt if they are provided in a workplace canteen. Is this correct?

15/05/2026

Our duck is ready for the duck race next weekend ! Bromham Business Group

15/05/2026

Could a special method increase your profits?

Your business has used the same partial exemption method for many years. Is it time to consider if a different method will improve your input tax recovery?

15/05/2026

EVs and the tax-free mileage allowance

You’re a director and regularly use your electric vehicle (EV) for business journeys. Your company provides a workplace charger which is free for all staff to use. Does the origin of the electricity impact your claim for tax-free mileage?

11/05/2026

Investing: loans vs shares

You have the opportunity to invest in a promising start-up company. You can either purchase shares or lend it the money. What are the potential tax consequences you need to factor in when making your decision?

11/05/2026

Are you overlooking company pension contributions?

Having your company top up your pension is one of the most tax-efficient ways to extract profits, yet many owner managers still default to taking a combination of salary and dividends. Are you ready to take your tax planning to the next level?

30/04/2026

Can officers ignore minor tax errors?

If your business has claimed input tax on an invoice where the supplier has charged VAT incorrectly, HMRC can disallow your claim by issuing an assessment. Can the officer waive that power to achieve a common sense outcome?