Wages and Dividends for 20-21

Here we outline the suggested combination of salary and dividends from your limited company to make best use of the tax rates and allowances. If you are looking at taking alternative combinations of salary and dividends, additional tax and NI will be due. Following the March budget, tax remains payable on all dividends in excess […]

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Contractor options post March 2020

Further details have been published recently on the launch of the IR35 and suggest there will be no delay as some contractors and businesses were hoping. The review which was announced last December primarily now appears to be focusing on the implementation issues rather than investigating a delay or scrapping this altogether. Here we remind […]

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C&M Accountants joins directory of UK’s top accountants

We are delighted to announce that we have been commended for our outstanding services to the contracting, self-employed and small business community in Bristol, making us the latest accountancy firm to join the Handpicked Accountants network. We are an independent accountancy practice based in North Bristol offering access to cloud accounting software, alongside our expert […]

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Implementation of IR35

Implementation of IR35 to the private sector is looking more likely The draft finance bill was published on the 11th July 2019 and indicated that the implementation of the controversial IR35 legislation would go ahead and apply to the private sector from April 2020. The new legislation will impact an estimated 170,000 workers. From April […]

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