Smarter accounting
17 April 2016, Advocates, Artists, Creative Industries, Sole Traders
The Marriage Allowance is a tax break for couples where one partner doesn’t use all their tax free allowance. For the 2016-17 tax year, which runs from 6th April 2016 to 5th April 2017 the tax free allowance is £11,000.
26 May 2015, Companies, Employer
The new tax year started on 6 April and with it came a rise in personal tax-free allowances and National Insurance (NI) limits. How do these and other factors affect the level of company directors salary? View image | gettyimages.com Company Directors salary If you’re a major shareholder of a private company it’s usually a […]
17 February 2013, Charities, Employer
Change required for all employers All employers will have to change the way they process payroll in 2013. If your organisation pays wages to anyone including salaried directors, you will need to provide information in “Real Time” to Her Majesty’s Revenue and Customs (HMRC). Real Time Information (RTI) requires employers to submit payroll information before […]
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