by David Hughes | Jul 7, 2022 | Tax
Who Pays National Insurance? National Insurance (NI) is paid by employees, employers and the self-employed: Employees pay NI on their wages Employers also pay extra NI contributions for staff The self-employed pay NI on their profits What Is The Cut That Took Place On...
by David Hughes | Apr 12, 2021 | Accounting, Tax
As the dust settles on last months budget we can look at a couple of measures in more detail. Corporation Tax Increase In 2023 As we know, the main rate of corporation tax will rise from 19% to 25% in April 2023. Only the largest 10% of companies will be affected by...
by David Hughes | Apr 7, 2021 | Accounting, Expenses, Salary, Tax
by David Hughes | Mar 30, 2021 | Accounting
Let’s get straight to the facts – your business is often your livelihood – so it’s absolutely critical, you find the right partner to look after your finances. Over the past few years, we’ve heard countless horror stories from clients being lured in by...
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...
