6 figure salary club
Are you about to join the 6 figure salary club? Individuals earning between £100,000 and £125,140 a year pay an effective tax rate of 60% on this income. You can avoid this tax with salary sacrifice.
Basis period reform for taxing self-employed
Basis period reform for taxing self-employed individuals comes into effect from April 2024. Unincorporated businesses will be taxed on their profits for the period 6th April to 5th April.
Spring budget changes to self-employed national insurance rates
The Chancellor announced decreases to the national insurance rates for self-employed individuals and employees, which benefits company directors who pay themselves a salary.
Linking budgeting and cash flow
Linking budgeting and cash flow forecasting allows a business to plan its business objectives whilst taking control of its finances and cash management.
Pensions for company directors
Personal pensions are a great vehicle for directors of limited companies to access the reserves of their companies in a tax-efficient manner.
VAT Fundamentals
Learn about the fundamentals of UK VAT, covering input and output tax plus the different rates and types of VAT supplies.