If you are considering closing down the company you have used for contracting, we look at how any remaining profits can be extracted in a tax efficient way.
The different options you will face when shutting down your company - keeping the company 'ticking along', applying for a voluntary strike off, or a members voluntary liquidation.
Guide to the UK settlements legislation and income shifting rules, from the historic Section 660 to the Arctic Systems case and current HMRC challenges.
When does the 5% IR35 allowance apply? How it works, and which contractors can still claim it following the introduction of the Off-Payroll working rules.
What qualifies as a 'trivial benefit' according to HMRC and how you can reward your staff and directors with a gift or benefit without them being taxed.
One of the most frequently asked questions by umbrella employees is why they are responsible for paying Employers National Insurance Contributions (NICs).