Jane Wu LLB ACA3 minTax optimal salary for 2022/23UNDER REVIEW FOLLOWING THE CHANCELLORS SPRING STATEMENT When you are trading through your own limited company, you can optimise how you...
Jane Wu LLB ACA3 minEmployed? What the National Insurance increases will mean for youTo help meet the costs of health and adult social care, a new levy, the Health and Social Care Levy, is introduced from 6 April 2023....
Jane Wu LLB ACA2 minPayroll: RTI Penalties and period of graceRTI penalties and period of grace Under real time information (RTI), employers are required to report pay and deductions information to...
Jane Wu LLB ACA3 minTaxation of termination paymentsAs furlough comes to an end, you may need to consider letting staff go. If this is the case, you will need to budget for the Class 1A...
Jane Wu LLB ACA3 minNational Insurance & Company DirectorsDid you know that special rules apply to company directors when it comes to calculating their Class 1 National Insurance liabilities? You...
Jane Wu LLB ACA3 minExpenses and benefits for 2020/21If you’ve provided taxable benefits and expenses to your employees this year you will need to let HMRC know by 6 July 2021. Employers who...
Jane Wu LLB ACA3 minTax allowances frozen until April 2026Tax allowances for income, capital gains tax, inheritance tax and more have been frozen until April 2026 to help meet some of the cost of...
Jane Wu LLB ACA3 minTax-optimal salary for 2021/22A popular profit extraction strategy for shareholders in personal and family companies is to pay a small salary and to extract further...
Jane Wu LLB ACA3 minNational Insurance: rates and thresholds for 21/22 2021/22 National Insurance Contributions - what you need to know. The 2020/21 tax year starts on 6 April 2021. From that date, new...