2026 May 1st
Can we start Cherie as “shareholder”? No more than 30% suggested
Employing Jake is possible but not as a shareholder
Relevant life insurance currently £200 per month life insurance is ok but need to go though accountant
possible that “life assurance” paid for co but policy goes into at trust
Staff events - annual £150/yr per member and no extra
Trivial expenses of £600 per year Under £50, not cash, not expected
Cycle 2 work scheme
We'd like to start using some of the expenses we should be claiming.
Office food: Coffee snacks etc
Pension £60,000 per year and all previous 2 years
Employment allowance If 2 directors, offset NI using employment allowance
Dividend 10.75% High 35.75% Allowance £500
Business entertaining of prospects. No corp reduction but a reduction in personal tax reduces
Selling personal assets to the company at fair market value; cameras, tools etc
Business relief for inheritance tax