Meet the author
Shirish
Founder & CEO, CIGMA Accounting
Connect with CIGMA Accounting
Latest insights
Articles by Shirish
348 articles published
July 29, 2025 / Blogs
Director-s Loans: What They Are and How to Use Them Legally for Effective Business Management
Director-s Loans: What They Are and How to Use Them Legally for Effective Business Management A director-s loan is money...
Read article →
July 25, 2025 / Blogs
Can You Claim Back Maternity Pay from HMRC? Yes - Step-by-Step Guide to Reclaiming Your Entitlement
Can You Claim Back Maternity Pay from HMRC? Yes – Step-by-Step Guide to Reclaiming Your Entitlement You can claim back...
Read article →
July 24, 2025 / Blogs
Mistakes to Avoid with Private Residence Relief: Key HMRC Compliance Points Explained
Mistakes to Avoid with Private Residence Relief: Key HMRC Compliance Points Explained When you sell your home, Private Residence Relief...
Read article →
July 23, 2025 / Blogs
Private Residence Relief and Second Homes: Essential Insights for Landlords in 2025
Private Residence Relief and Second Homes: Essential Insights for Landlords in 2025 If you own a second home that you...
Read article →
July 22, 2025 / Blogs
Bookkeeping for VAT-Registered Businesses: Essential Records to Maintain for Compliance
Bookkeeping for VAT-Registered Businesses: Essential Records to Maintain for Compliance If you are VAT-registered, keeping accurate records is essential for...
Read article →
July 18, 2025 / Blogs
How Cloud Bookkeeping Can Save Time, Stress and Money by Streamlining Your Financial Management
How Cloud Bookkeeping Can Save Time, Stress and Money by Streamlining Your Financial Management Cloud bookkeeping lets you manage your...
Read article →
July 17, 2025 / Blogs
DIY Bookkeeping vs. Hiring an Accountant: What Actually Saves You More in Time and Money
DIY Bookkeeping vs. Hiring an Accountant: What Actually Saves You More in Time and Money Deciding between doing your own...
Read article →
July 16, 2025 / Blogs
Taking Money Out of Your Company? Here-s When It Counts as a Director-s Loan and What You Need to Know
Taking Money Out of Your Company? Here-s When It Counts as a Director-s Loan and What You Need to Know...
Read article →
July 15, 2025 / Blogs
Maternity Leave Pay for Small Business Owners: Entitlements and How to Claim Them
Maternity Leave Pay for Small Business Owners: Entitlements and How to Claim ThemIf you run a small business and are...
Read article →
July 11, 2025 / Blogs
What Does Good Bookkeeping Look Like? A Clear Guide for UK Small Businesses
Good bookkeeping means keeping your financial records accurate, up to date, and well organised. It involves tracking all your income...
Read article →
July 9, 2025 / Blogs
Changes to Private Residence Relief Rules: What Homeowners Need to Know Now
Changes to Private Residence Relief Rules: What Homeowners Need to Know Now Changes to the rules around Private Residence Relief...
Read article →
July 8, 2025 / Blogs
How to Record Director-s Loans in Your Company Books Without Raising Red Flags - A Clear Guide for Accurate Accounting
How to Record Director-s Loans in Your Company Books Without Raising Red Flags - A Clear Guide for Accurate Accounting...
Read article →
July 7, 2025 / Blogs
Maternity Pay, Shared Parental Leave and Your Rights: The 2025 Employer-s Guide to Compliance and Best Practices
Maternity Pay, Shared Parental Leave and Your Rights: The 2025 Employer-s Guide to Compliance and Best Practices Understanding maternity pay...
Read article →
July 4, 2025 / Blogs
Top 5 Bookkeeping Mistakes UK Business Owners Make and How to Fix Them for Better Financial Management
Top 5 Bookkeeping Mistakes UK Business Owners Make and How to Fix Them for Better Financial Management Bookkeeping is a...
Read article →
July 3, 2025 / Blogs
The 32.5% Tax Trap: Consequences of Failing to Repay a Director-s Loan on Time
The 32.5% Tax Trap: Consequences of Failing to Repay a Director-s Loan on Time If you have taken a director-s...
Read article →
July 1, 2025 / Blogs
How to Maintain a Clear Director-s Loan Ledger: Essential Templates and Practical Tips for Accuracy
How to Maintain a Clear Director-s Loan Ledger: Essential Templates and Practical Tips for Accuracy Maintaining a clear director-s loan...
Read article →
June 30, 2025 / Blogs
Selling Your Home: How to Avoid Capital Gains Tax Using PRR – A Practical Guide
Private Residence Relief Capital Gains Tax: how to avoid CGT when selling your home in 2026/27Private Residence Relief Capital Gains...
Read article →
June 27, 2025 / Blogs
The Connect System: How HMRC Uses Data to Decide Who to Investigate Explained
The Connect System: How HMRC Uses Data to Decide Who to Investigate ExplainedIf you’re wondering how HMRC decides who to...
Read article →
June 25, 2025 / Blogs
Five Common Filing Mistakes That Could Land You in HMRC-s Crosshairs and How to Avoid Them
Five Common Filing Mistakes That Could Land You in HMRC’s Crosshairs and How to Avoid Them Filing your tax return...
Read article →
June 24, 2025 / Blogs
Letting Out Your Home? How PRR Works with Lettings Relief Explained
Letting Relief: how Private Residence Relief works when you rent out your home in 2026/27Letting Relief can reduce Capital Gains...
Read article →
June 23, 2025 / Blogs
Director-s Loan Accounts: Best Practices to Stay Compliant and Avoid HMRC Issues Efficiently
Director-s Loan Accounts: Best Practices to Stay Compliant and Avoid HMRC Issues Efficiently Managing a director-s loan account (DLA) in...
Read article →
June 20, 2025 / Blogs
When Does Private Residence Relief Apply - and When Doesn-t It? Clear Criteria and Common Exceptions Explained
When Does Private Residence Relief Apply - and When Doesn-t It? Clear Criteria and Common Exceptions Explained Private Residence Relief...
Read article →
June 19, 2025 / Blogs
Private Residence Relief Mistakes That Can Cost You Thousands and How to Avoid Them
Private Residence Relief Mistakes That Can Cost You Thousands and How to Avoid Them If you are selling your main...
Read article →
June 18, 2025 / Blogs
Are You a Target? The Industries Most Likely to Face HMRC Investigations Explained
Are You a Target? The Industries Most Likely to Face HMRC Investigations Explained If you run a business, you might...
Read article →
June 17, 2025 / Blogs
Private Residence Relief and Divorce: Clarifying Tax Break Entitlements During Separation
Private Residence Relief and Divorce: Clarifying Tax Break Entitlements During Separation When a couple goes through a divorce, one important...
Read article →
June 16, 2025 / Blogs
What Happens if You Get It Wrong? Director-s Loans and Section 455 Tax Explained Clearly
What Happens if You Get It Wrong? Director’s Loans and Section 455 Tax Explained Clearly If you get director’s loans...
Read article →
June 12, 2025 / Blogs
Selling a Former Home? When You Can Still Claim Private Residence Relief Explained
Selling a Former Home? When You Can Still Claim Private Residence Relief Explained When someone sells a home they used...
Read article →
June 11, 2025 / Blogs
The Tax Traps of Directors- Loans: Essential Insights for Company Owners to Avoid Costly Mistakes
The Tax Traps of Directors- Loans: Essential Insights for Company Owners to Avoid Costly Mistakes Directors- loans can be a...
Read article →
June 10, 2025 / Blogs
Private Residence Relief Explained: How to Avoid Capital Gains Tax When Selling Your Home Efficiently
Private Residence Relief Explained: How to Avoid Capital Gains Tax When Selling Your Home EfficientlyPrivate Residence Relief (PRR) is a...
Read article →