Are you ready to employ someone? Or are you a Director Only Company wanting to take full advantage of the tax benefits of incorporation? Whatever the reason, registering as an employer is a quick and easy job you can do yourself! Here’s a step-by-step guide to take you through what you need to do.
In this simple guide, I’ll give you an overview of IR35 so you can understand what it all means, including how it works, why it was set up over two decades ago and show you how to determine whether you fall ‘inside the rules’ because you are what is known as a ‘disguised employee’.
Understand what tax a Limited Company must pay, the rates in place and the tax implications of paying yourself from your LTD.
Find out how SIC codes work, why Companies House use them and how you can find out the right SIC code for your Limited Company
Use this Limited Company invoice template and set up guide to create on brand invoices that you can send to your customers and clients.
A step-by-step guide to forming a Limited Company, including preparing your memorandum & articles, picking shareholders & protecting your personal details.
If you receive dividends or have a Limited Company and pay yourself a dividend, then here’s everything you need to know about the UK Dividend Tax Rates for 2019/2020.
Find out whether sole trader or Limited Company is right for you & download a tax calculator to check which minimises your tax bill.
Understand the two most common ways Directors pay themselves from their Limited Company, using salary and dividend for the 2021/2022 tax year. As well as which is the optimum mix of salary and dividend that achieves the biggest tax saving for you and your LTD.
Wondering how to handle directors loans you’ve made to your Limited Company? Or how long you have to repay a directors loan or if you can write it off? Then read on! In this guide, you’ll find some examples of directors loans, how they are handled on the balance sheet depending on whether they are overdrawn or not as well as the tax implications of charging interest on a debt owed to you.