There are many ways of extracting profits from your company, all with different pros and cons from a tax perspective.
To help you work out your options, we’ve come up with 5 tax-efficient methods of profit extraction.
Submitting your self-assessment tax-return doesn’t have to be hard – especially in the digital age. With the 31 January 2015 deadline just 6 weeks away, we thought we’d put together a fool-proof guide to submitting your online tax return, just in time for Christmas.
Doctors, when was the last time you gave your finances the kind of care and attention you give to your patients?
With the news that HMRC may soon have powers to recover tax directly from your bank account, we offer some advice on keeping your tax bill to a minimum.
As we head towards Budget 2014, which will take place on Wednesday 19 March, there is no denying the UK economy is in a better place than it was this time last year. GDP growth of 2.4 per cent is predicted for this year and things are looking up, but does this mean that George Osborne will be providing dramatic tax cuts and reforms? Probably not…