Small Business Accountancy Advice
...Everything You Need To Grow Your Business
If you operate your own UK limited company you will probably want to use the tax planning strategy of extracting money from your company through a combination of dividends and a low salary to ensure you optimise your tax.
National Insurance was originally introduced in 1911 as a contributory system of insurance for those who could not work due to illness and unemployment and later retirement pensions and other benefits were also covered.
All you need to know about the deadlines, and penalities for missing them, for self-assessment and Ltd Company
IR35 is a piece of legislation that allows HMRC to assess whether a contractor is an employee or not. At the moment responsibility for determining whether IR35 applies sits with the contractor. This guide explains what is happening in April 2020 when the responsibility for determining whether IR35 applies will move from the contractor to the client if the client is a medium or large organisation.
Your responsibilities when your employees need time off to have children.