Category: Limited Company Guides

Incorporating a limited company to operate your business may hold some significant financial advantages. Increase in tax savings and personal income are the main ones. Learn how to register a limited company and get information on how to operate it.

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Limited company setup guide - Give your new business a flying start

The Complete Guide to Setting Up Your Limited Company in 6 Easy Steps

Even during these troubled and uncertain Coronavirus times, starting a small business is an exciting step. It puts you firmly in control of your own destiny and earning power while also being a very tax-efficient […]

2020/21 dividends tax guide for directors and limited company owners

What are dividends and how are they taxed?

For most small business owners, the best take-home pay solution is a mixture of salary and dividend, whereby you take your tax-free personal allowance as salary and the rest of your income as a dividend. There are certain rules you have to abide by when calculating and taking dividends. Here we explain how dividends work.

Taking salary and dividends

UK Dividend tax rates and thresholds for 2020/21

The new tax year starts today and whilst we all have other matters on our mind, its worth noting the changes to the tax thresholds and new changes introduced, summarized below.

Coronavirus support for businesses-Cashflow Schemes

COVID-19 support for UK businesses – Cashflow schemes

We have prepared a series of articles to explain what financial help is available to contractors and small businesses, extracting the information that’s most relevant to you. Here we look at the Coronavirus schemes designed to ease cashflow pressures.

Taking salary and dividends

Taking salary and dividends before the end of this financial year

As the end of the current financial tax year is fast approaching, it’s a good idea to think about whether you have fully maximised the amount you can withdraw from the company, tax-free and at the basic rate of dividend tax.

Helping you building your business

How we can help you build your business?

We have been providing expert accountancy services for more than 15 years and have helped thousands of small businesses to grow and thrive. Find out more about our services for start-ups, contractors and small businesses and get in touch today to experience Clever accounting for yourself.

Off-payroll reforms: Why you shouldn’t close your company, just yet!

Although we are waiting for the new government to give us clarity on whether the off-payroll reforms will come into effect from 6thApril 2020, it is important to understand what things need to be considered when the decision is confirmed.

Setting up your limited company

How to set up a new limited company

We know that setting up your own company can be both nerve-wracking and exciting. There’s certainly a lot to think about regarding the services you wish to offer and the type of clients you hope to work for, let alone the admin and tax side of things.