A round up of the tax changes that may affect small businesses and business owners for the new tax year that starts on 6th April 2020.
One of the differences between being paid by an employer and running your own business is having to sort out your own pay. You can do this by taking a salary from your limited company - in the same way as a regular employee. Here are the benefits of taking a high or a low salary, without the jargon.
The Conservatives' 'National Living Wage' is not the same as the one proposed by the Living Wage Foundation. We look at the differences.
We explain the tax rates that apply for the 2020/21 tax year, affecting income taxpayers resident in Scotland and how to see if you're affected.
The Crunch Personal Tax Estimator will help you work out the tax you may have to pay on your personal income, including sole trade income, salary & dividends.
A handy side-effect of the entrepreneurial zeal sweeping the country is that there are now many schemes in place specifically to help small businesses.
Contractors registered under the Construction Industry Scheme (CIS) are required to deduct tax from their payments to subcontractors. We explain how CIS works.
To claim tax relief on your mobile phone or landline expenses, a contract needs to be set up between your limited company and the service provider.