Michael McCullion

Michael McCullion is a director of Bright Ideas Accountancy. He has been running the firm for over 10 years with a customer-driven approach underlined by modern technology. Michael is committed to bringing accounting into the digital age while ensuring clients still have access to a dedicated accountant who acts as a one-stop shop for any financial-related service.

Limited company efficiency hacks: 3 habits (and then some) to help protect profit

Blurred lines. Making HMRC’s life difficult. And why £20k is the new £8k. Here’s the top strategies on efficiency that no self-respecting limited company director should be without in 2026/27.

21st March, 2026 | Limited Companies

How to run a limited company — efficiently: smarter profit strategies

Retain. Share. Plan. Contractors employing a bit of thoughtfulness over drawing out every pound possible will likely be on the money on Tuesday, too.

27th February, 2026 | Limited Companies

How to run a contractor limited company — efficiently. Part one: software

Why great bookkeeping software is still a Personal Service Company’s secret weapon in the war on inefficiency.

23rd January, 2026 | Limited Companies

How 2% more on dividends affects limited company contractors

The take-home dent of the chancellor’s hike to basic and higher rate dividends goes far (far) beyond 2026/27, because a precedent has now been set.

3rd December, 2025
Directors, use your spouse’s dividend allowance while you still can

With dividends’ future uncertain, it’s probably now a case of ‘every little helps,’ and that includes making your spouse a shareholder.

14th July, 2025
What are the benefits of effective tax planning as a contractor?

Top seven year-end tax planning tips contractors can follow right now, to minimise their next HMRC bill.

29th February, 2024