Josh Buffin Accountant

Josh Buffin Accountant Offering a pro-active and comprehensive accounting services and tax services. https://www.myeasyaccounts.com/contact-us
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Limited company vs sole trader… what’s actually better? 👀 A limited company gives you more control over when you pay tax...
03/03/2026

Limited company vs sole trader… what’s actually better? 👀

A limited company gives you more control over when you pay tax, access to reliefs like trivial benefits, dividend allowance & staff parties, plus reduced personal risk.

From April 2026, sole traders earning £50k+ (dropping to £30k the year after) will need to file quarterly.

Comment “Sole” and I’ll DM you the full guide.

03/03/2026

Buy Clothes Tax Free 🛍️

Your limited company can cover up to £300 per director each year.

Break it into six payments of £50 or less to qualify 🎟️

Payments must be via vouchers or gift cards, not cash.

This allowance is fully deductible against Corporation Tax and free from Income Tax and National Insurance.

It works for every employee too, not just directors.

Comment “20” and I’ll DM you the full list of 20 top reliefs 📩

02/03/2026

Does Your Accountant Always Say No? 🤨

Travel declined. Meals declined. Home costs declined. Sound familiar?

The real question is whether it is justifiable 💼

HMRC cares about business purpose and proper documentation. That is what matters.

Many everyday costs can go through your limited company if there is a clear commercial reason.

The issue is not the rules. It is how confidently they are applied.

A proactive accountant saves you tax. A cautious one protects themselves.

Comment “20” and I’ll send you the expense list directors miss 💸

27/02/2026

About to hit the higher tax threshold 😳

If your income is approaching the higher tax band, you could face much higher effective tax rates 📊

Here are 5 ways to reduce your tax legally:

Max out your pension contributions. This defers income to future years when your tax may be lower.

Instead of withdrawing excess cash, invest it into assets via a holding company.

Make full use of all tax-free allowances, including your dividend and savings allowances.

Work with a proactive accountant who helps you claim director perks, like your £300 trivial benefit allowance and £150 staff party allowance.

Ensure your accountant understands your business model so all legitimate expenses - flights, household bills, mileage—can be justified to HMRC.

Plan ahead and avoid overpaying tax 💡

Comment “20” and I’ll send you my full list of 20 tax reliefs every business owner should know 📩

26/02/2026

There are two ways your limited company can claim the working from home allowance to reduce your tax bill. 💷

You can claim the HMRC flat rate of £312 per year, or you can use the apportionment method to work with your accountant and put even more through your business.

Comment 20 below for a list of 20 tax tips you can use for your limited company.

Building my accounting practice started with listening to what clients REALLY wanted:- more communication,- genuine supp...
26/02/2026

Building my accounting practice started with listening to what clients REALLY wanted:

- more communication,
- genuine support,
- a reliable service.

If you’ve ever felt like you only hear from your accountant once a year, you’re not alone. That’s exactly what we set out to change.

25/02/2026

Don’t underestimate your director’s loan ⚡

It’s a simple way to defer tax when income is high 📊

Example: £55,000 withdrawn. Declare £50,000 as salary/dividend, £5,000 as a business loan.

Reclassify the loan within nine months and next year declare it as a dividend at 8.75%.

This reduces your overall tax bill in higher earning years.

Comment “20” to get my top 20 reliefs every director should know 📩

24/02/2026

To maximize their tax savings on business mileage, limited company directors should add up their total business miles and claim 45p per mile for the first 10,000 miles, and 25p per mile for any additional mileage over 10,000, instead of expensing petrol or diesel receipts.

23/02/2026

HMRC will let you expense meals out 🥂

As long as the person eating is a director or employee, you can use meals to reduce your corporation tax 📊

The key is the £150 per head limit. Treat meals as your annual staff party, even if it’s just a couple of employees.

Exceed the limit by even a penny and HMRC disallows the entire expense.

With a small team, this adds up to hundreds saved each year.

It’s a simple and often overlooked relief that every business owner should use.

Comment “20” and I’ll DM you my top 20 tax reliefs 📩

20/02/2026

HMRC are charging over 60% tax ⚡

Any individual withdrawing more than £8,333 per month from their business can fall into a super tax trap 📊

Earnings above £100,000 reduce your personal allowance by £1 for every £2 over the threshold. Add National Insurance, student loans, and other taxes, and your effective rate can hit 69%.

The extra tax only applies between £100,000 and £125,000, but in that window you could be left with just £7,750 of £25,000.

Avoid this by planning withdrawals, investing in pensions, using holding companies, and claiming smaller allowances like staff parties and trivial benefits.

With the right strategy, you can keep tens of thousands out of HMRC’s hands.

Comment “20” and I’ll DM you my top 20 reliefs every business owner should know 📩

Address

37 Cross Street
Manchester
M24JE

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Monday 8am - 9pm
Tuesday 8am - 9pm
Wednesday 8am - 9pm
Thursday 8am - 9pm
Friday 8am - 9pm
Saturday 8am - 9pm
Sunday 8am - 9pm

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