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What’s the Most Tax Efficient Director’s Salary in 2022/23?

As a director you’re legally separate from your limited company, even if you’re also the owner. This means that you’re not allowed…

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UK Tax Rates, Thresholds and Allowances for Self-Employed People and Employers in 2022/23 and 2021/22

Read our guide to UK tax for sole traders, limited companies, partners and partnerships, employers and other businesses. The UK tax system…

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The Autumn 2021 Budget and Your Business

The Autumn 2021 Budget update contains important information for small businesses, sole traders, and employers, which we’ve summarised here. The Health &…

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Do You Pay National Insurance on Pension Income?

National Insurance Contributions finish when you reach state pension age, so you won’t pay NI on any pension payments or other income….

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National Insurance, Dividend Tax, and the Health and Social Care Levy

What the NI and dividend tax changes mean for employers, employees, and the self-employed The UK government announced their new plan for…

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Can I Afford to Give My Employee A Pay Rise?

In some large companies, annual salary raises are a given. For small businesses or start-ups though, this approach isn’t always affordable, but…

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