Category: Accounting Advice

Wages and personal allowance thresholds for April 2019.

Current Tax Year ended 5th April 2019 In the current tax year ended 5th April 2019, we general advise a salary of £702 per month, depending on your additional personal income to date. Not including additional income, […]

What is the 24 month rule?

Travel expenses are part of the 24 month rule There are numerous rules and limitations when contracting. However, one of the more important rules all contractors need to be aware of is the “24 month rule” when […]

Christmas – Tax Benefits and Expenses

With Christmas just around the corner, it is worth considering what expenses you can claim through your limited company. The “Annual Party” As a director of a limited company, you are exempt from paying tax […]