Tax Efficient Salary and Dividends 2025/26 for Director

Directors discussing tax efficient salary and dividends 2025/26 strategy in office

If you are a director looking for the most tax efficient salary and dividends 2025/26 strategy, this guide is for you. Running your own limited company gives you flexibility, but also comes with important tax planning decisions. One of the most common questions we get at Southside Accountants in Wimbledon is:

“How much salary and dividends should I take in 2025/26?”

If you are both a company director and shareholder, this blog walks you through a tax-smart approach to extracting profits…. Continue Reading

Making Tax Digital Penalties: Key Information for 2025

Apr17 Leave a Comment

A woman managing her taxes digitally in a modern office, surrounded by green plants, digital screens, and tax documents, symbolising Making Tax Digital compliance in 2025.

From April 2026, landlords and sole traders earning over £50,000 will be required to follow Making Tax Digital (MTD) rules for Income Tax Self Assessment (ITSA). HMRC has confirmed that a points-based penalty system will apply from that date — similar to the one already in place for VAT returns…. Continue Reading

Why Cash is King

Apr10 Leave a Comment

Two professionals reviewing a green-highlighted cash flow chart in a modern workspace, symbolising small business cash management.

Why cash is king is more than a saying – it is a survival rule for small businesses. While sales and profits can look great on paper, it is your cash – the money actually in your business bank account – that determines whether your business will thrive or struggle…. Continue Reading

Leadership in Small Business 2025

Apr8 Leave a Comment

Confident female small business owner in shop – leadership in small business 2025

Leadership in small business 2025 is not just a buzzword—it is your competitive edge in an unpredictable economy.

Start New Financial Year 2025 Tax Tips – Save More This Year

Apr3 Leave a Comment

Start new financial year 2025 tax tips home office woman smiling

April 2025 marks the start of the new financial year — and these start new financial year 2025 tax tips can help small business owners begin strong, stay compliant, and keep more money in their pocket. Whether you are based in Wimbledon SW19, Tooting, Clapham, or anywhere in South London, this is your moment to take control of your finances…. Continue Reading

Accountants in Wimbledon: £19k VAT Mistake Explained

Apr1 Leave a Comment

A gardener reviewing a VAT bill, supported by accountants in Wimbledon

VAT can be a confusing area for many small business owners, especially those who are just starting out or handling their own finances. A recent case involving a gardener who received a £19,000 VAT bill due to a simple misunderstanding highlights how easily things can go wrong. In this article, Wimbledon accountants explain what happened, why it matters, and what steps you can take to avoid falling into the same trap…. Continue Reading

Spring Statement 2025: What Small Business Owners Need to Know

Mar27 Leave a Comment

Accountants in Wimbledon explain Spring Statement 2025 for small businesses

Accountants in Wimbledon – Spring Statement 2025

Looking for reliable accountants in Wimbledon? Southside Accountants break down what the Spring Statement 2025 means for you as a small business owner, landlord, or sole trader…. Continue Reading

What the Marshmallow VAT Case Means for You

Mar26 Leave a Comment

Marshmallows being toasted over flames with the text 'VAT Trouble Over Marshmallows'

Ever thought your product was food, only for HMRC to say it is confectionery? That is exactly what happened in the marshmallow VAT case, a recent dispute involving mega marshmallows. The tribunal decision in Innovative Bites Ltd v HMRC is important for small business owners, especially food sellers, importers, and manufacturers. In short, this marshmallow VAT case shows how tricky product tax rules can be.