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How to pay yourself through a company 2016-17

How to pay yourself through a company 2016-17

If you own and run a company, how should you pay yourself in the 2016-17 tax year?   In recent years, the most efficient way for owner run businesses to pay themselves personally has been to take a salary up to the lower earnings limit for national insurance, and then...
Contractors: Limited Company Tax Basics

Contractors: Limited Company Tax Basics

Limited companies are separate legal entities from their directors, so your limited company will pay taxes on its profits, and you (as an individual) will be liable to pay tax on any income you receive from your company. Here we cover the basics and go into detail...
Contractors: Running a limited company

Contractors: Running a limited company

You’re a contractor in the UK, and you’ve just become a Director of your Limited Company. There are certain duties and responsibilities you need to be aware of – besides just making sure your business runs profitably. The Companies Act 2006 outlines...