A National Insurance number (often called an NI number) is essential if you want to work in the UK, pay tax, or claim certain benefits. Many people are unsure when they need one, how to apply, or what happens if they start work without it. This guide explains how to apply for a National Insurance number, who […]
Applying for a National Insurance Number: A Simple Guide Read More »
Electric company cars have been one of the most tax-efficient perks available to UK company directors and employees in recent years. With ultra-low Benefit in Kind (BIK) rates and generous tax relief, they’ve helped many businesses reduce tax while upgrading their vehicles. But as we move into 2026, many directors are asking the same question: are electric
Electric Company Cars: Are They Still Tax-Efficient in 2026? Read More »
Many UK business owners eventually reach a stage where running as a sole trader no longer feels like the best fit. Perhaps profits are growing, the admin is becoming more complex, or you’re looking for ways to be more tax-efficient. Whatever the reason, making the move from sole trader to limited company is a big financial and legal step
What Happens to Your Tax Obligations When You Go From Sole Trader to Limited Company Read More »
Running your own limited company gives you more control over how you manage your income — but it also means understanding how to pay yourself correctly and tax-efficiently. In this guide, the experts at King and Taylor break down the two main ways directors can pay themselves and how to choose the right balance between salary and dividends. Get in
How to Pay Yourself from Your Limited Company (UK 2025 Guide) Read More »
For many landlords, property has been a reliable way to build long-term wealth. But as house prices have climbed, more and more estates are being caught by inheritance tax. Without careful planning, up to 40% of the value of your portfolio could be lost when it passes to your loved ones. The good news is
Inheritance Tax Planning for Property Landlords in the UK: What You Need to Know Read More »
Working from home? You could be missing out on valuable tax relief With hybrid and remote working here to stay, thousands of UK employees and self-employed individuals are entitled to claim tax relief on work-from-home expenses. But are you claiming everything you’re entitled to? At King and Taylor, we help clients across Sittingbourne and beyond make the
Claiming Tax Relief on Work-from-Home Expenses: What You Need to Know for 2025 Read More »
Staying on top of tax deadlines is essential for any business owner. Missing important dates can lead to penalties, interest charges, and unnecessary stress. At King and Taylor, we help businesses across Kent, including Gravesend and Sittingbourne, stay compliant and organised. To make your year easier, here are the key UK tax deadlines for 2025 that every small
Key Tax Deadlines for UK Businesses in 2025 Read More »
If you’re a small business owner in Gravesend, you already know how important it is to stay on top of your finances. From tax deadlines to payroll, having the right accountant by your side can save you time, money, and stress. That’s why so many local businesses choose King and Taylor for expert, reliable accounting services tailored
Best Accounting Services for Small Businesses in Gravesend Read More »
As cryptocurrency becomes more mainstream, more people are being paid for their work, side gigs, or freelance projects in digital assets like Bitcoin, Ethereum, or USDT. But if you’ve been paid in crypto, one question looms large: Do I have to pay tax on it? The short answer is yes — in the UK, getting
I Got Paid in Crypto – Do I Have to Pay Tax? Read More »
The IR35 legislation, officially known as the off-payroll working rules, has been a hot topic for contractors, freelancers, and businesses in the UK. With significant changes over the past few years, it’s crucial to stay updated on how IR35 affects your contracting work in 2025. This guide will help you understand IR35, assess your status,
IR35: What UK Contractors Need to Know in 2025 Read More »
One of the
longest established
accountants in Gravesend
If you’d like further information on our services please contact us through the contact form.
Call us on 01474 569777 or email info@kingandtaylor.co.uk