The Chancellor announced a number of tax changes during the March Spring Statement - most notably a rise in the threshold before employees are liable to pay National Insurance Contributions. … [more]
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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? … [more]
Doing your accounts will probably never become your favourite task. But accounting software may make you less prone to wanting to pull your hair out. Even if you’re not a numbers whiz. … [more]
There may be a time when you need to borrow money from your own limited company. Here we look at how director's loans are treated, and how you could face a hefty tax bill if you don't plan any cash advances properly. … [more]
Are you one of the millions of people who are eligible to claim the Marriage Allowance, but haven't done so yet? Here we explain how this allowance - worth £252 per year - works, and how to claim it. … [more]
The Agency Workers Regulations (AWR) were introduced in 2010 and came into effect on the 1st of October 2011. Although the legislation is complex, the premise is simple: to protect temporary workers employed through staffing agencies. … [more]
How much will the April 2022 dividend tax (and National Insurance) increase cost you? Find out more about the tax increase, and use our interactive calculator to work out the effect on your take-home pay. … [more]
Here is a list of the Top 10 most commonly asked questions by umbrella company employees, based on our experiences of working with umbrella providers (and contractors) over the past 10 years. … [more]
If you are a professional contractor, at some stage you may need to invest in some kind of marketing for your business - but can these costs be offset against your company's tax bill? … [more]
Life as a contractor can be very rewarding. Alongside potential higher earnings, you can also experience a wide variety of jobs, and enjoy the freedom of being your own boss. It isn't for everyone, but for those who move away from permanent work, … [more]