Director’s Salary or Bonus
Given current tax rates, paying a dividend rather than a salary will often be a more cost-effective way of withdrawing profits from a company. Tax is currently payable on any dividend income received...
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Spreading Knowledge
Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family. We spread knowledge so you are informed.
Let us Do the Compliance
Information is a source of learning. But unless it is organized, processed, and available to the right people in a format for decision making, it is a burden, not a benefit.
We Care About You
Nobody cares how much you know, until they know how much you care. And we do care about our clients. Let us take care of your books and tax compliance.
VAT Registration – Sooner or Later
VAT registration – sooner or later? Once a business is up and running, the next major administrative area to be faced often concerns the subject of VAT. At first glance, it looks complicated – n...
All You Need to Know About IR35 for the Private Sector
IR35 first came into the limelight in 1999 before being introduced formerly in 2000. Its objectives were to foster fairness in taxation and National Insurance Contribution (NIC) as it gave the end-use...
How Contractors can avoid IR35 in the Private Sector
What is IR35? The British government has introduced legislation which has allowed HMRC to collect tax payments from self-employed workers. This legislation (Inland Revenue 35 or IR35) was introduced i...
Give from Income to Save Inheritance Tax
Within a family scenario, there are many situations in which one family member may make a gift to other family members. However, the way in which gifts are funded and made can make a significant diffe...
Travel Expenses and 24 Month Rule
As a general rule, employees are denied a tax deduction for the cost of travel between home and work. Likewise, subject to a few limited exceptions, if the employer meets the cost of home to work trav...