archivenews
9th May 2013The deadline for the annual payroll submission by employers is on 19th May 2013. This usually triggers the need to prepare and file P11D Expenses & Benefits returns on behalf of directors and some employees. If you're still not sure whether you need to file a P11D for your business, then ask...
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30th March 2013Should I run my business as a sole trader or limited company?
It's a question we are often asked by prospective and existing small business owners. The answer will be dependent on a number of factors. These include your attitude to risk, your other income from outside the business, the income from...
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30th March 2013If you're not familiar with the term P11D then it is a report submitted annually to HM Revenue & Customs by employers detailing the expenses and benefits-in-kind paid to their employees. You might be familiar with the process in the context of company cars or private medical insurance...
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30th March 2013It's relatively common for us to be chatting with small business owners who tell us that they don't really understand their business finances and often have little interest in this part of their business. Does that sound like you? We understand that situation, numbers are not everyone's passion or skill.
We...
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14th February 2013If you'd like to get to grips with your business finances but are a little anxious about using a bookkeeping package, then these courses could be just for you.
We're launching bookkeeping training on 3 packages starting in March '13 and focussing on Clearbooks, Xero and Free Agent. Each course is in...
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14th February 2013As a basic rate tax payer, you do not pay personal tax on dividend income and there is no national insurance charge. You will, however, pay tax on any dividends taken after you enter the 40% tax bracket with an effective tax rate of 25%.
Here are a few quick tips to help:
- Your dividend income resets...
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