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 16, 2016 | Budget Announcements, Business Taxes, Starting a business?
Today, George Osborne delivered his eight budget, and below we have a summary of the key announcements: Outlook The UK Economy is strong, growing and resilient There are storm clouds gathering over the Global Economy The UK Economy will grow by 2% this year, 2.2% in... by Andrew Totton | Feb 17, 2016 | Budget Announcements, Business Taxes, Self assessment, Starting a business?
From 6th April, the old Dividend Tax Credit system is being abolished and replaced by new tax rules on dividends. For those Limited company owners, this brings about a whole new approach to how the majority of their earnings will be taxed, and with it, new challenges... by Andrew Totton | Jul 8, 2015 | Budget Announcements, Business Taxes, Starting a business?
Today, the Chancellor, George Osborne, has delivered his first budget under the new Conservative government. Here are the key points: Personal tax The personal allowance to rise to £11,000 from April 2016 (currently at £10,600). This is to increase to £12,500 by 2020.... by Andrew Totton | May 18, 2015 | Business Taxes, Payroll
What is auto-enrolment? It is a new law that states every employer must automatically enrol workers into a workplace pension scheme if they are aged between 22 and State Pension age, and earn more than £10,000 a year. It is being implemented on a staged basis, with...
