Optimum Salary and Dividends 2019/20 – Limited Company Directors When you are working through your own limited company one of the key items on your tax planning should be ensuring that you are paying yourself the optimum level of salary and dividends. The advice in this article is geared towards limited company freelancers, contractors and… Read More

Autumn Budget 2018 On Monday 29th October 2018 the chancellor of the exchequer, Philip Hammond, delivered the 2018 Autumn Budget. In this article, we cover the key changes from the budget that affect contractors, freelancers and modern small businesses (our core client base) over the coming years.   IR35 One of the biggest announcements was… Read More

Should I invest my limited company cash into a property? I work as freelancer trading through my own limited company and I am sitting on a fair bit of cash in my business at the moment and I was thinking about trying to invest it. One of the options I was looking at was potentially… Read More

Are there benefits of being VAT registered? I am a freelance graphic designer earning roughly £50,000 per year, I am currently not VAT registered but am wondering if there are any benefits of voluntarily registering for VAT?     VAT registration threshold If your VAT taxable turnover exceeds the VAT registration threshold you have to… Read More

National Insurance for the Self Employed In this article we explain what national insurance is and how much national insurance you will have to pay when you are self employed. National insurance has had changes over the years but the fundamental concept is that it is a form of tax paid by workers and the… Read More