Employing a spouse or partner for tax efficiency
Many business owners opt to employ their spouse (or civil partner) in their business to benefit from tax savings. Chances are, that they would not otherwise be a taxpayer (or at least pay at a lower rate than the business owner) and therefore savings can be made by...
Autumn 2022 Statement
On 17 November, the Chancellor, Jeremy Hunt issued the Autumn Statement. It follows several dramatic changes in Government and fiscal announcements over the past couple of months, but it is hoped to be the last for a while. The key personal tax announcements included:...
Making the Entrepreneurs Dream a Reality
When entrepreneurs set up their businesses the journey usually starts with a dream. Not a dream in the in the sense of “I had a dream last night….” but more of a vision about how their business idea will make them successful and wealthy. And successful and wealthy can...
Changes to IR35 and Off-Payroll Working Rules
Changes to off-payroll working rules will finally come into effect from 6 April 2021 after a one-year delay. If you’re not sure whether this affects you as a contractor, then read on to find out what the changes involve and how they will work in practice.
