A limited company may distribute any retained profit it has made to its shareholders. Board meeting minutes and dividend vouchers must be completed in all cases.
Most limited company contractors will be used to submitting an Annual Return (AR) each year to Companies House. This form has now been replaced by the ‘confirmation statement’, courtesy of the Small Business, Enterprise and Employment Act, which came into force on 30th June 2016.
At what stage do limited company contractors have to register for VAT?
As a limited company contractor, what is the most tax efficient salary to pay yourself? Updated figures for the 2016/17 tax year.
Here are the key business and personal tax rates and allowances that affect contractors – for the 2016/17 tax year.
A contractor recently sent in an question asking whether or not his wife needs to register to fill in a tax return, even though no tax will be payable on her dividend income.
In this piece, we look at the measures contractors can take to protect their business assets via practical and technical methods.
Here are some proactive steps you can take to maximise the chances of getting your invoices paid on time.
Given that all qualified accountants should be able to keep the books of your average limited company contractor, why do most contractors hire specialist accountancy firms?
How to get the best mortgage deals based on your contract rate alone, by using lenders who understand how contractors operate.