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Two advantages of being new to contracting

New to contracting If you are new to contracting and trade through a Limited Company you should be aware of two advantages open to you of being registered for VAT…
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Comprehensive spending review: tax

Tax Like most other government departments, HM Revenue and Customs (HMRC) is to lose a part of its budget as a result of the spending review. The Chancellor introduced cuts…
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Comprehensive spending review: pensions

Pensions One of the headline announcements in the spending review was that the state retirement age for men and women is to be equalised at 65 by November 2018. The…
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Comprehensive spending review

Comprehensive spending review The Chancellor, George Osborne stood up in the House Commons to detail the largest series of public spending cuts seen in decades. Mr Osborne told MPs that…
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Owner managed business – From OMB to OMG

Owner managed business Starting with an idea and an opportunity for a new business in January, I set up my first Owner Managed Business (OMB). I had no staff, no…
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Benefits vs dividends

Benefits vs dividends: what’s the best option?

Benefits vs Dividends Business going well? Unsure how to reap the rewards of your hard work? Today we’re taking you through the most tax-efficient methods of extracting cash from your…
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RTI – how’s it going so far?

RTI - how's it going so far? The new Real Time Information (RTI) process of submitting PAYE information has been ‘live’ for a few months now. HMRC appear pleased with…
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