by Andrew Totton | Jun 13, 2019 | Business Taxes, Self assessment, Starting a business?, Uncategorized
For owner-managed companies, the combination of salary and dividends as a way of remunerating themselves is a key tax-efficiency process, and getting that mix right can bring benefits to those owners. When making decisions on salaries, it is an important consideration... by Andrew Totton | Nov 7, 2017 | Starting a business?
If you are a small business owner or thinking of starting a business you may wish to read on . . . A significant consideration for you to make is how to extract the profits you make from your company, to you, the owner of the business. Below, we have set out some tips... by Andrew Totton | Mar 8, 2017 | Budget Announcements, Business Taxes, Self assessment, Starting a business?
Below are a summary of the key points in the Chancellor’s budget on 8th March 2017, from a Tax perspective: · Corporation tax rate to fall to 19% from April 2017, and to 17% by 2020 as planned · The “Making Tax Digital” requirements to be delayed for... by Andrew Totton | Nov 24, 2016 | Budget Announcements, Business Taxes, Starting a business?, VAT
Changes to the VAT Flat Rate scheme from April 2017 – following the Autumn Statement New legislation is to be introduced from 1st April 2017 for Companies on the Flat Rate scheme which may mean the Flat Rate percentage will rise to 16.5%. This will impact “Limited... by Andrew Totton | Nov 23, 2016 | Budget Announcements, Business Taxes, Payroll, Starting a business?, VAT
Below is a brief summary of the key points from the Chancellor’s Autumn Statement, announced today: · Office for Budget Responsibility forecasts economic growth of 2.1% in 2016 (down from 2% it forecast before BREXIT vote); 1.4% in 2017 (down from 2.2%) and... by Andrew Totton | Jul 20, 2016 | Budget Announcements, Business Taxes, Starting a business?, Uncategorized, VAT
After the unprecedented result in the EU referendum on 23rd June, and the Leadership campaign to become the next Leader of the Conservatives and also Prime Minister that followed, we now know that we will indeed be leaving the EU, and who will be taking us out....
