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 […]
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.
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.
What is the Coronavirus Job Retention Scheme (CJRS) and how it can assist you as an employer? What are the CJRS rules you need to be aware of when your employees are furloughed.
What is the Coronavirus Job Retention Scheme (CJRS) and how do you access it?
How can you furlough yourself as a director of your limited company and what are the CJRS rules you need to be aware of before deciding to furlough yourself?
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.
A new tax year began on April 6th. It will introduce more than a few dramatic changes you should be aware of as a business owner. To help you get ready for the 2020/21 tax year, we have prepared a round-up of these key changes.
Given the pressures on self-employed people and small business owners at the moment, we’re pleased to see that there’s no need to worry about new Making Tax Digital (MTD) compliance for the time being.