Day: 20 January 2018
Popular Articles
- The most tax-efficient director’s salaryHow to choose the right director’s salary for 2024/25
- Limited company dividend tax calculator (24-25)How much tax will you pay on dividends?
- How are limited companies and company directors taxed?Guide to the key taxes limited companies pay.
- How to take money out of a limited companyWhat are the legal and most efficient ways to extract funds?
- Dividend taxHow are dividends taxed?
- What is Corporation Tax?How does Corporation Tax apply to profits?
- Self-assessment for directorsHow the annual tax return process works.
- Company Car TaxWhich is most tax-efficient? Company or personal ownership?
- Paying into a pension from your limited companyA tax-efficient way to extract company profits.
Popular Articles
- Limited, Sole Trader, Partnership or LLP?The main business structures.
- Set up a CompanyThe key steps in the incorporation process.
- Articles / Memorandum of AssociationWhat these documents do.
- Company NamingYour name must abide by various rules and conventions.
- Registered Office AddressEvery limited company must have one.
- Certificate of Incorporation?When is it, and what information does it contain?
- Limited Company AdvantagesHow being limited compares to other structures.
- Share CapitalHow different types of shares can be issued.
- Limited LiabilityWhat does this term mean in practice for directors?
- Company DirectorsWho can become a company director?
- Limited vs Self EmployedWe compare the key features of each structure.
- What is a UK private limited company?What is the meaning of the term, and what are the attributes of a private ltd company?
- Managed Service Company (MSC) legislationNew HMRC enquiries during 2022 particularly of concern to contractors
- How to close down a limited company4 options – depending on why and how you are shutting down the company
Popular Articles
- List of limited company accountantsSome of the leading specialist accountants for small companies
- How to find the best limited company accountantWhat to look out for when comparing accountancy firms
- What do limited company accounts consist of?What do firms have to submit to HMRC and Companies House?
- Balance sheet, profit and loss account – what do they mean?An explanation into the two best-known accounting documents
- How do I know if an accountant is qualified?What are the main professional accountancy bodies?
- Do you need an accountant for a limited company?Is it even a legal requirement to have an accountant?
Popular Guides
- Limited Company Expenses ListThe main allowable expenses.
- Company Car TaxBuy a car, or use your own and reclaim costs?
- Pre-Formation CostsFrom before you started the business.
- Capital AllowancesHow to offset capital costs against tax.
- Health ExpensesMedical costs, gym, annual check, insurance.
- Computer CostsHardware and software expenses.
- SubscriptionsMemberships to professional organisations.
- Charitable ExpensesGiving to charity and sponsorship-type costs.
- 24 Month Travel RuleImportant info if you’re a professional contractor.
- Trivial Benefits / GiftsYou can provide gifts of a certain value without having to declare them to HMRC
- Landline, Mobile, SmartphoneTax treatment of landline, mobile and smartphone expenses
- BroadbandIs your broadband contract in your company’s name?
Popular Guides
- Professional Indemnity InsuranceIn case you make a mistake whilst providing professional advice.
- Private Health InsuranceCovers medical treatment if you fall ill. An essential alternative to the NHS.
- Employers’ Liability InsuranceIf you have employees it is compulsory.
- Relevant Life CoverLife cover, paid for by your limited company. Can save up to 50% compared to personal cover.
- Public Liability InsuranceEssential if you interact with customers or clients.
- Tax Investigation InsuranceCovers professional representation in the event of an HMRC compliance visit.
- IR35 insurance and TLC35Covers you for professional representation for IR35 disputes with HMRC.
- Income Protection Cover (IP)Covers your costs if you if you’re unable to work. Tax efficient if paid via your company.
- Critical Illness CoverPolicies pay out in the event that you suffer a serious illness.
Popular Guides
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Share options – how to incentivise your employees
Share options have become a popular way of attracting, incentivising and retaining staff, especially for small businesses or start-ups who can’t afford to offer high salaries.