by David Hughes | Mar 16, 2021 | Salary, Tax
If you’re on this page, you may be wondering if you should be taking most of your income from salary or dividends… It’s difficult to have a one size fits all approach to setting a tax efficient salary for a director of an owner/manager company. In doing so...
by David Hughes | Mar 16, 2021 | Salary, Tax
If you’re on this page, you may be wondering if you should be taking most of your income from salary or dividends… It’s difficult to have a one size fits all approach to setting a tax efficient salary for a contractor. Especially, as there are other factors that can...
by David Hughes | Mar 5, 2021 | Government Guidelines
March 2021 Budget Updates There was a lot of changes announced in the chancellors recent budget announcement. In this article we’ll be covering everything you need to know as a small business owner, freelancer or contractor. Use our table of content below to...
by David Hughes | Nov 7, 2020 | Government Guidelines
OSPP is paid to partners who take time off to care for the baby or support the mother in the first few weeks after the birth. OSPP was previously known as Statutory Paternity Pay. A biological father A partner/husband or civil partner who is not the baby’s...
by David Hughes | Nov 7, 2020 | Expenses, Government Guidelines
There have been several long-standing tax reliefs for ‘homeworking arrangements’ but some of these have hitherto been subject to certain, sometimes restrictive, conditions. But with so many employees currently working from home as a result of coronavirus, HMRC have...