Profit Extraction in 2020/21 – What is the Optimal Salary?
A popular tax-efficient profit extraction strategy used by personal and family companies is to take a small salary and extract…
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A popular tax-efficient profit extraction strategy used by personal and family companies is to take a small salary and extract…
1 April 2020 - Due date for Corporation Tax due for the year ended 30 June 2019. 19 April 2020…
During and after any period when economic activity is depressed, companies that survive the process are those that manage their…
As part of the government’s response to assist businesses during the COVID-19 crisis is the offer to defer VAT and…
Directors that have drawn remuneration from their companies as a mix of low salary and higher dividends would seem to…
As part of the package of measures to tackle the Coronavirus outbreak, the government has announced that the basic element…
The government has issued a bulletin providing advice for employers regarding compliance with the National Minimum Wage (NMW) framework, particularly…
For VAT, the deferral will apply from 20 March 2020 until 30 June 2020. All UK businesses are eligible. How…
The government has announced a number of funding and support measures to help those affected by the COVID-19 virus outbreak.…
HMRC has announced that taxpayers still using paper returns will no longer routinely do so. This is part of the…
The Tax-Free Childcare Scheme (TFCS) is open to all eligible families with children under 12. It was announced as part…
The decision of the Chancellor, Rishi Sunak to increase the tapered annual allowance thresholds in the Budget earlier this month…
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