We all want to keep more of our hard-earned money. For business owners, it can be a difficult balancing act to find the most tax-efficient way to get paid from the company’s profits.
Dividends V Salary: Making profits pay for your salary
Business
Corporation Tax: could you be missing out on tax reliefs?
Knowing which taxes your business is liable for can feel a bit overwhelming, which can result in you not recognising opportunities to save on tax. Read more
Steep price rise warning as hospitality businesses yet to receive Omicron funding
The hard-pressed hospitality industry is facing some difficult choices after the temporary cut in VAT to 12.5 per cent reverted to the full 20 per cent. It will result in double-digit price increases for consumers as operators struggle to survive, leading industry body UKHospitality says.
Ready to kick start your own business?
Deciding to start your own business can feel like a leap of faith but being prepared for the steps you will need to take can ameliorate this lack of confidence. Read more
How can your business boost its revenue?
Raising revenue is often one of the key objectives for small and medium-sized businesses (SMEs), however it can be a difficult process to navigate. Read more
Payroll: how to get it right
One of the key things that small and medium sized businesses (SMEs) need to get right is payroll. Read more
End of tax-free shopping: what is the impact on tourism?
Following Brexit, the UK removed tax-free shopping for tourists which is now having an impact on Britain’s prospects as an international shopping destination, new research reveals. Read more
Almost one million taxpayers handed late submission penalty after missing Self Assessment deadline
Nearly one million taxpayers have been fined after failing to submit their tax return on or before the 28 February Self Assessment deadline, it has been revealed.
How would an Online Sales Tax affect your business?
The UK Government is set to assess whether to introduce an Online Sales Tax (OST) as a solution to the tax imbalance in the retail sector. Read more
Here’s how you can claim the 2022 council tax rebate
Households must set up a direct debt with their local council before they can receive the 2022 council tax rebate, it has been confirmed.