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Electric Car Through Limited Company: 2025 Tax Benefits & BIK Guide

by Neetu Ladher | Jul 24, 2026 | Tax, Limited Company

If you’re considering an electric car through limited company ownership, there are major tax advantages in 2025. Many directors are now opting for an electric car through limited company setup due to low BIK and full capital allowances. Discover the tax benefits...

Sole Trader vs Limited Company: Which Is Right for Your Business?

by Neetu Ladher | Jul 24, 2026 | Limited Company, Running Your Business

One of the biggest decisions you will make when starting out is whether to trade as a sole trader or set up a limited company. Each structure has its own tax implications, legal responsibilities and administrative demands. This guide breaks down the key differences so...
New Laws April 2026: Making Tax Digital (MTD) for Self employed and Landlords with Income over £50,000

New Laws April 2026: Making Tax Digital (MTD) for Self employed and Landlords with Income over £50,000

by Neetu Ladher | Jun 10, 2025 | Accounting, Blog, Limited Company, Running Your Business, Tax, Uncategorized

Are you Ready? MTD for Income Tax is Coming – We’re Ready to Help You Navigate It Seamlessly From April 2026, Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) will become mandatory for many self-employed individuals and landlords across the UK. If...

Recent Posts

  • MTD for Income Tax: First Quarterly Update Deadline is 7 August 2026
  • HMRC Mileage Rate Increases to 55p Per Mile: What It Means for Your Business
  • Electric Car Through Limited Company: 2025 Tax Benefits & BIK Guide
  • Self Assessment Tax Returns: A Simple Guide for Southampton Sole Traders
  • Sole Trader vs Limited Company: Which Is Right for Your Business?

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Power Accountax offers expert accounting services tailored for Southampton businesses. Whether you’re a limited company, sole trader, or managing an e-commerce store, or crypto porfolio gain taxation requirements, our team of Southampton-based chartered accountants ensures compliance, efficiency, and financial success. Explore why we’re the trusted choice for accountants in Southampton.

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