Many company directors assume that if they haven't taken a salary, dividends, or benefits from their company, there is little or nothing to report on their self-assessment tax return. However, HMRC has clarified that from the 2025/26 tax year, directors who are already required to file a self-assessment return must disclose details of their directorships, even where they have received no income from the company. This change could catch many business owners and directors of do

A guide to Directors Loan Accounts, Bed & Breakfasting and anti-avoidance rules.