Wages and Dividends for 2019-20

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. Tax will be payable on all dividends in excess of £2k so […]

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Employer Supported Childcare

Employer supported childcare, commonly by way of childcare voucher, is for many employers and employees a tax and national insurance efficient perk. We consider the implications of this type of benefit on the employer and employee. This scheme is due to end on the 4th October 2018 so action needs to be taken now to […]

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Xero · Why It’s Adding Up for Bristol Businesses

Xero arrived from New Zealand a decade ago and has been winning friends ever since. A recent change in leadership looks likely to result in cloud accounting embracing AI and small business finance. The concept of your accounting software pre-approving you for business finance is an interesting one. […]

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Cars for Employees

The current regime for taxing employer provided cars (commonly referred to as company cars) is intended: to encourage manufacturers to produce cars which are more environmentally friendly and to give employee drivers and their employers a tax incentive to choose more fuel-efficient and environmentally friendly vehicles. We set out below the main areas of importance. […]

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