Tax-efficient pay for Company Directors in 2023/2024

This is intended for a company director and their spouse/partner (if employed by the company).
The three figures for each month are:
1. Monthly salary
2. Monthly dividend
3. Personal tax bill

Proactive Business Planning

Your filed accounts will be a window into your company for lenders, suppliers and potential partners. They must see your business in the best possible light – the key to achieving that is in proactive planning.

Simple blocks to grow your business

Remuneration Planning for Company Directors in 2022/2023

This is a first for me. I’ve been in accounting since 1993 and never before have tax rates been altered mid-year. So why now? The Chancellor is bringing in new National Insurance rates but has deferred their implementation to July. This is to give payroll software providers an opportunity to get their systems up to […]

The ups and downs of spring statement 2022

The Chancellor of the Exchequer, Rishi Sunak, delivered his Spring Statement on Wednesday 23 March 2022. In this article we outline the key measures affecting our clients. National Insurance Contributions (NICs) Despite lobbying to delay the upcoming 1.25% increase in NICs payable by employees, employers and the self-employed, the government has decided to go ahead […]

Why you need to outsource your finance function and how to go about it…Part 2

Serious advantages for you and your business. Welcome to the second part of my three-part series detailing everything you need to know about outsourcing your finance function. To read part one, click here . In this part we’re going to look at two incredible advantages of outsourcing: Maintaining continuity with your business accounts – no matter what […]