15 advantages of setting up a limited company in 2024
There are several advantages to working via a limited company. Here we look at the benefits – including lower tax and limited liability.
There are several advantages to working via a limited company. Here we look at the benefits – including lower tax and limited liability.
A key benefit of becoming self employed is how easy it is to start up a new business. Here are 10 steps to take when you decide to take the leap.
We have set up a partnership with Tide, which is trusted by 500,000 businesses. Find out how to open a free business account. Plus get £50 cashback.
Most company directors are paid an annual salary, and draw down profits as dividends. What is the optimal salary/dividend split in 2024/5?
If you’re a company owner, this useful calculator will work out your net profits, after allowing for expenses and tax.
We look at the UK tax rules for the self employed so you can nail your tax return like a pro. We cover income tax and NICs for 2024/5.
In this guide, we look at the taxes the self employed pay. We also look at some common mistakes to avoid when it comes to dealing with HMRC.
How National Insurance works for small businesses – Class 1 for limited companies, and Class 2 & 4 if you’re a sole trader or member of a partnership.
Find out how much tax you pay as a sole trader – in terms of income tax and Class 2/4 NICs on your business profits.
If you are setting up a limited company for the first time, here is an overview of how corporation tax works, including details on the 2023 tax hike.