Social Care Levy

By Gary Robinson / September 22, 2021

From next April the government will create a UK-wide, 1.25% health and social care levy on earned income, hypothecated in law to health and social care, with dividends rates increasing by the same amount. There will also be changes to the amount of savings people can retain when facing a move into care costs and…

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Paying dividends:

By Gary Robinson / April 8, 2021

The adverse impact of coronavirus on some companies’ trading fortunes now means business owners need to watch out before they calculate dividends, as they may be liable for losses should the business subsequently fail. The law on distributions applies not only to dividends, but to any form of distribution to shareholders. Put simply, a distribution…

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Do you keep the required documents

By Gary Robinson / August 22, 2019

Having the Right Documents to Back Up the Accounts As a director of a company you have an obligation to submit your accounts to HM Revenue & Customs whether this is done by the company or your accountant. They will then do internal checks to make sure that your company is paying the right amount…

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