Best Combination of Salary and Dividends for Tax Year 2023-2024
Introduction As an owner-managed business, you have the flexibility to decide how you pay yourself – through a salary, dividends, or a combination of both.
Why bookkeeping is important for your business and how an outsourced bookkeeper can help you
Introduction If you run a business, chances are you need to do some bookkeeping. It’s a necessary part of running any business, but what exactly
Self Employed Expenses- What you can claim Guide in 2023
It’s a question I get asked time and time again. As a self-employed business that is a sole trader or partnership that is not incorporated,
Best Combination of Director’s Salary and Dividend 2022/23
In the corporate world, a limited company is treated as an entirely separate legal entity from its owners and from the directors responsible to run
5 steps to save money/tax leaks in your business that most business owners miss and how you can improve on it
Growing your business and managing its finances can be hard. Many business owners neglect to have an action plan in place for their company’s growth
Gift cards and the trivial benefits exemption
The trivial benefits exemption allows employers to ignore benefits in kind that cost £50 or less for tax purposes, as long as the conditions of
Should you employ family member for tax saving purpose?
If someone in your family has no other income, you could take them on as an employee in your company and save tax as a result.
Common misconceptions around software R&D tax credit claims
Most people who are in technology often have common misconceptions in regards to R&D tax relief. I have listed some of the most common ones-
How can SaaS or Software Companies can utilise their Research and Development (R&D) Tax Relief claim from HMRC
Over the past two years, the number of new technology companies launched in the UK increased by 80%. The main driver of this growth was
Best Combination of Salary and Dividends for Tax Year 2023-2024
Introduction As an owner-managed business, you have the flexibility to decide how you pay yourself – through a salary, dividends, or a combination of both.
Why bookkeeping is important for your business and how an outsourced bookkeeper can help you
Introduction If you run a business, chances are you need to do some bookkeeping. It’s a necessary part of running any business, but what exactly
Self Employed Expenses- What you can claim Guide in 2023
It’s a question I get asked time and time again. As a self-employed business that is a sole trader or partnership that is not incorporated,
