It is entirely up to you, funds permitting in your company’s bank account. We of course assist you in calculating how much to take and let you know the simple procedure of how to draw dividends.
Or a lesson for Contractor Accountants in when not to use an EBT (employee benefit trust). If, like me, you follow Scottish football with the same enthusiasm a hamster has for tank warfare – you may have missed the tax debacle north of the border. Before I go into what it all actually means –
What is the VAT Flat Rate Scheme? Any business in the UK with a turnover of more than £73,000 must be registered for VAT. This means adding on 20% VAT to your normal sales invoice and paying the 20% VAT over to the VAT office. However, there is a scheme called “The Flat Rate Scheme”
Or a lesson for Contractor Accountants in when not to use an EBT (employee benefit trust). If, like me, you follow Scottish football with the same enthusiasm a hamster has for tank warfare – you may have missed the tax debacle north of the border. Before I go into what it all actually means –
Treasury Minister David Gauke has recently explained that the government has no intention to suspend or replace the IR35 legislation. Instead, improvements in the way the legislation is administered will be brought about. To this end, a specialist helpline will be set up and guidance will be published by HMRC. An IR35 forum will also be