by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights
I’m frequently surprised by how many people are unaware that the term ‘Accountant’ isn’t legally protected – anybody can call themselves an accountant without any training or experience. Buy some book-keeping and tax software, get a website and start to market...
by Paul Whyatt | Oct 30, 2019 | Business Advice, Other Insights, Personal Tax, Taxation
For many SME businesses, tax can be such a headache that their business suffers. Here are some of the common mistakes you should avoid. 1. Not hiring a qualified chartered accountant This is a costly mistake for any business owner. There isn’t a more effective...
by Paul Whyatt | Oct 30, 2019 | Personal Tax, Taxation
If you operate your business through a limited company, you should be aware of the optimum salary/dividend mix to extract money from your company in the most tax-efficient way. This usually involves paying yourself a minimal salary and then dividends on top of...
