Tax Special Update
Over recent weeks, the Government has introduced some new measures and released for comment exposure draft legislation on other measures announced by the previous Government in its Budget from March this year. Treasury has also released exposure draft legislation for...
The importance of tax planning for directors
Paying tax is something you’re likely to see as a necessary (but not hugely enjoyable) part of running your business. But are you doing enough to plan your own personal tax liabilities? As a director, you’ll pay your income tax annually on a self-assessment basis. But...
Dividends and paying yourself as a director
As the director in a limited company, dividend payments are the usual way for you to take money out of the company – and see a financial return on your investment into the company. Dividends are payments made to the company’s shareholders when the business has made a...