Salary vs dividends for company directors
If you run your own limited company, one of the first questions that comes up is how to pay yourself. Unlike being employed, where a salary is the only option,…
read moreIf you run your own limited company, one of the first questions that comes up is how to pay yourself. Unlike being employed, where a salary is the only option,…
read moreFiling your self assessment tax return feels great, but what happens when you realise something’s not quite right after you’ve hit submit? Maybe you missed an expense, forgot to include…
read moreIf you’re the only director of your limited company and planning maternity leave, payroll can suddenly feel very confusing. You’re not “going to work” in the traditional sense. You don’t…
read moreHere is our no-nonsense year-end checklist for small business owners and limited companies As the tax year draws to a close, it’s easy to get caught up in the day-to-day.…
read moreOctober often feels like a natural checkpoint for a business owner. The year isn’t finished, but there’s enough behind you to see what’s worked, what hasn’t and what needs to…
read moreWe get it, Corporation Tax isn’t the most exciting topic. But if you wait until January to think about it, you could be in for a stressful (and potentially expensive)…
read moreAre you running a limited company and occasionally find yourself “borrowing” from your business account for personal use? If so, then this is the post for you. You might feel…
read moreRunning a successful business feels great, but watching a chunk of your hard-earned profits head straight to HMRC is always a hard pill to swallow. The good news is that…
read moreA company director of a UK business has several options in terms of how they pay themselves. This can be through a combination of salary, dividends and other compensation methods.…
read moreThe 1st of April 2023 will see a substantial increase to corporation tax for UK businesses. The current rate stands at 19% for all businesses no matter what their size,…
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