Self employed Versus Limited company
We are asked many times, with tax free dividends now at just £2,000 whether it is best to be self employed or Limited.
HMRC Anti Money Laundering Scheme (AMLR)
If you receive any large cash deposits into your business remember you have a duty to check the ID of the person in question as well as the origin of their money and if you have any doubts about your findings to report this to either PMC or HMRC.
Cars and Benefits in Kind
If you have personal use of a Limited company car you should declare the benefit in kind received to HMRC.
Pension contribution increases
Auto enrolment Pensions. Please note that from April 2019 auto enrolment pension contributions will be increasing again.
Autumn Budget 2018
Autumn Budget 2018. Some main points from yesterdays budget ;
2018/19 tax changes – an update
Now we are in the middle of tax year 18/19, it is a good time to remind you of the major tax changes for this year affecting all our clients.