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Read up on the latest news from DRS.
How to Pay Yourself Efficiently in the New Tax Year
How you pay yourself as a director has a direct impact on your overall tax position. With reduced allowances and increased scrutiny, a structured approach to salary, dividends and pension contributions is more important than ever. This guide outlines how to plan your income efficiently from the start of the tax year.
New Tax Year Planning: What Business Owners Should Be Thinking About Now
With the new tax year starting on 6 April, this is the right time to step back, review your position, and put a clear plan in place for the year ahead.
Director’s Year-End Survival Guide: What You Must Do Before 5 April
With the tax year-end approaching, company directors still have a short window to review their position and take action. This week’s blog outlines what to focus on before 5 April.
Pension Contributions Before 5 April: Why Acting Now Can Significantly Reduce Your Tax Bill
For many taxpayers, particularly company directors, business owners and higher earners, a well-timed pension contribution can deliver substantial tax relief. It can reduce taxable income, restore lost allowances and lower overall tax exposure.
Employers’ NI Freeze from April 2026: What It Really Means for Business
From 6 April 2026, there is no further rise in the main employer National Insurance rate. On paper, that sounds like stability. In practice, many employers will still see their National Insurance bill rise. That is because the employer Class 1 NIC rate remains at 15%,...
The Silent Tax Rise: How the Income Tax Threshold Freeze to 2031 Will Increase Your Tax Bill
The government has confirmed that personal income tax thresholds will remain frozen until April 2031. On paper, nothing has “gone up”. In reality, this policy quietly increases tax bills year after year.
Before 5 April: Are Your Allowances Working Hard Enough?
As we approach the end of the 2025/26 tax year, there is a simple thing worth remembering. Most allowances reset on 6 April. If they are not used by 5 April, they are gone. Year-end tax planning is not about complex structures or aggressive strategies. It is about making sure the allowances already available to you are doing their job.
Companies House ID Checks: What You Need to Know
Companies House has started rolling out mandatory identity verification checks as part of a wider clampdown on fraud and misuse of UK companies. These changes sit within the government’s broader reform programme under the Economic Crime and Corporate Transparency Act 2023.
The rules are being phased in, but they will affect almost all company directors, people with significant control (PSCs), and LLP members. If you are involved in running a UK company, this is something you will need to address.
This blog explains what the ID checks are, who they apply to, when they take effect, and why many directors are choosing to deal with them through an authorised adviser rather than on their own.
Self Assessment Is Done. What Should You Be Looking at Next?
With the Self Assessment deadline now behind us, many taxpayers understandably want to put tax to the back of their minds for a while. However, this quieter period is actually one of the best times to sense check what happens next, particularly around PAYE and Making Tax Digital.
Passion, positivity and perfectionism
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