If you noticed your tax return being a little higher this year, here may be the reason: Many company owners pay themselves in the form of dividends, rather than a salary. However, in 2016 a new regulation was introduced called the ‘Dividend Tax Allowance’ whereby only the first £5,000 of your dividend payment will be
The deadline for your 2016-17 tax return assessment is now only a week away, on Wednesday 31st January 2018. As the paper deadline has already passed (October 2017), you must now submit your assessment online. Not doing so, will mean you incur a penalty, unless you have exceptional reasoning and proof (such as a hospital
When searching for an accountant, it is critical to your businesses success that you find a good one! Unfortunately, many business owners believe that all accountants are the same and that there is only one way to file accounts – but this is far from the truth. You need to make sure your accountant has
Starting your own business is an exciting but scary challenge, and that’s why we’re here to make it that little bit easier for you. Here are our top 3 accounting tips for when you start your business: Use Technology The technology we have available now is exceptional, and not making the most of it will
