Blogs
How To a Handle Directors’ Loan Account?
If you’re looking forward to a guide on how to set up a director’s loan
Year end Accounts
Limited company accountants this help-sheet provides you with an overview of the information to provide to us to enable completion of your end of year accounts. Of course, the more you do, the less amount of time we have to spend on the routine compliance aspects of your affairs.
Employment Issues in Small Business
This blog covers Employment issues in small business. The working time and min wage regulations
National Insurance – Your Way Around the Maze
All rates in this article are for 2012/13. NIC for Employees For employees, Class1 National Insurance (NI) primary contributions are deducted from their salary each month as part of the PAYE system.
An Introduction to Self-Assessment Tax
Self-assessment began in 1997, with the idea. That taxpayers can complete their own tax returns. The reality has turned out to not be quite so simple.
Dividends and PAYE/NI – Salary or Dividends
You are no doubt aware of the potential advantages relative to the payment of salary
Budget 2012 Summary
The big news for individuals is that the personal allowance will increase to £9,205 from
Tax Efficient Profit Extraction – How to Save Tax?
As a company owner, you can choose how to extract the profits from your company, and by making the right choices you can minimize the tax and NI paid by you and the company.
Changes in Motor Vehicle Travel Costs
HM Revenue & Customs now change, on a quarterly basis, the rates at which business mileage allowances may be paid for cars provided by an employer, but where all fuel is paid for by the directors/employees personally.
Pension Simplification & Rules
On the 6th April 2006 (A Day) new rules were introduced which were a major
Factoring & Invoice Discounting
As many businesses do, you may find yourself operating perilously close to your overdraft limit
Non UK Resident and Domicile Status
In late 2006 there was a Special Commissioner decision in favor of HM Revenue &
Company Secretary Requirement
There is no longer a legal requirement for private companies to have a company secretary
Accounting software – Advantages and Disadvantages
Keeping your accounts can be a tricky business. It is necessary to do so not
Private Residence Relief – More Than One Residence
Principal Private Residence Relief (PPR relief) allows homeowners to sell their homes without being liable
