Director’s loans – A missed tax planning opportunity?
A director’s loan is a form of profit extraction from your company, often used alongside salaries, dividends and expenses. Essentially, you borrow money from your…
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Is incorporation still the way to go for solid financial planning?
From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth…
Streamlining your payroll set-up with employment and tax records
When your business takes on a new employee, we know that you’re eager to get them settled into their role – but not before you’ve…
Starting a seasonal business? Here is what you need to know
Are you considering launching a seasonal business? If so, you are beginning an exciting journey that comes with its own set of unique challenges and…
Earning between £100,000 and £150,000? Your tax return is changing
If you’re a high earner with between £100,000 and £150,000 in net adjusted income, you’ll soon receive a letter from HM Revenue & Customs (HMRC)…
Furnished residential lets vs Furnished Holiday Lets – The tax situation
If you’ve invested in a property to let and furnished it, you will be liable to pay tax on the income you receive from letting…