Archive for May, 2017

Are you part of a limited company distributing dividends to shareholders?  If so, there may come a time when one or more shareholders choose to wave their rights to their share.  Although this is perfectly acceptable, there are steps to follow so that HMRC does not view the waiver as tax avoidance. How does a […]

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Hiring your first employee is a huge step for a company.  You are not only sharing the responsibility of your business with another person, but you need to be aware of your duties and legal obligations as an employer. Here is a checklist to follow throughout the process: Applicant checks Does your new employee have […]

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U-TURN ON SELF-EMPLOYED NICs – FOR NOW In his first Budget on 8th March, the new Chancellor Phillip Hammond announced that he would level the playing field between employees and the self-employed by increasing Class 4 National Insurance Contributions (NICs) from 9% to 10% from 6 April 2018 and then to 11% from 6 April […]

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