12 Tax-Saving Tips for UK Small Businesses
…make the most of your pension contributions. Another thing to note is that if you are on a low salary from your owner-managed limited company, then your company can make…
…make the most of your pension contributions. Another thing to note is that if you are on a low salary from your owner-managed limited company, then your company can make…
…company. It’s basically a balancing account. A director can take income from a company in various ways. They can take salary, via a pay as your earn (PAYE) scheme, dividends…
…and decrease the tax benefit of trading through a limited company. This tax increase is part of that remedy. Who’s affected by this? The new tax change is Company shareholders…
…£238 each year, and it can even be backdated. Check out our blog for more details. Sole trader or limited company? Saving tax by setting up as a limited…
…Nutshell IR35 legislation, in broad terms, was originally put in place to try to put a stop to contractors working through a limited company as “disguised permanent employees” and therefore…
…week is about setting your company vision and 4 reasons why it’s critical to your success. 1. It sets the company direction When you know where you’re aiming, all of…
…filing deadline is 9 months after the company year-end. The corporation tax return is due 12 months after the year-end, but it’s often produced with the company accounts. The only…
…If you’re self-employed and you run a small business (not a limited company or limited liability partnership), HMRC have some methods that are aimed at making your books much easier….
…also consider trading through a limited company. Although the tax benefits aren’t as enviable as they once were, you could look to save £500-1,000 / year in tax depending on…
…the same. As is the starting rate limit for savings. The savings rate has created a potentially fantastic tax planning opportunity for directors whose limited company owes them money. If…
…rankings are time-limited, and unless you keep adding new material to your site, you could well find yourself slipping into obscurity – otherwise known as page 2 of Google. That’s…
…the company’s uniform and having business cards with the company’s logo on it, to having your own desk, or being invited to the Christmas shindig. If it looks like you’re…