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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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What Employers Should Know About Payroll Giving

Payroll Giving – also known as Give As You Earn (GAYE) – has been around for some time now but a sizeable…

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What’s the Difference Between the National Living Wage and the National Minimum Wage?

The National Living Wage (NLW), the National Minimum Wage (NMW), and the Living Wage all sound confusingly similar, so understanding how they…

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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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An Employer’s Guide to Furlough with the Coronavirus Job Retention Scheme (CJRS)

What employers need to know about furloughing staff, and up-to-date information about the extended Coronavirus Job Retention Scheme (CJRS). The Coronavirus Job…

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