A guide to the main taxes you will encounter as a limited or umbrella company contractor – including; Corporation Tax, VAT, National Insurance, Income Tax and Dividend Tax.

If you want to declare a limited company dividend, you must create two documents each time – board meeting minutes to record the director’s decision to distribute company funds, and a dividend voucher for each shareholder. Includes example templates.

Payments on accounts are part of the self-assessment process and mean that you have to pay your next year’s income tax liabilities in advance, based on the amount you owed on your last tax return.

If you are a limited company director, what is the most tax-efficient salary to pay yourself in 2022/23? This depends on your eligibility to claim the Employment Allowance.

When it comes to paying dividends to shareholders, the first thing a company’s directors should do is to check how much profit is available to be distributed. But what happens if you have overpaid dividends?

At some stage in your career, you may need to borrow funds from your company in the form of a director’s loan. Here we look at how loans are treated for tax purposes, and why timing is everything.

Find out more about the April 2022 dividend tax increase, and use our interactive calculator to work out the effect on your take-home pay.

Here we look at what dividend waivers are, and why you should be aware of the tax implications should they be used improperly.

Are you thinking of winding up your limited company – possibly as a result of retirement, or due to the Off-Payroll (IR35) rules? Perhaps you want to sell all or part of your business to someone else?

There may be times where you need to borrow money from your own limited company, or you may have unintentionally done so whilst drawing down funds. What are the tax implications of doing so?