Common Dividend Mistakes That Can Cost Company Directors Thousand
Many company directors unknowingly make dividend mistakes that can result in unlawful dividends, HMRC challenges, and shareholder repayment obligations. Learn how to avoid the most common pitfalls and ensure your dividends remain fully compliant.
Dividends and Distributable Profits: What Every Company Director Needs to Know
Many directors assume they can pay dividends whenever their company makes a profit. Learn what distributable profits are, when dividends can be paid legally, and how to avoid costly mistakes.
Home Working Expenses vs Renting Alternative
Director and employee expenses for those working from home are tax-deductible, but HMRC allows for only a small deduction, especially with rising energy costs. What can you do to get a more generous tax deduction? Homeworking and tax Employers may reimburse employees and directors who work some or all of the time from home for […]
How to Maximise Dividends When You Can?
The pandemic has made our lives difference with some business owners having been disadvantages as they used dividends as a profit extraction. The article will shed some light on how to extract profits from your company most efficiently and avoid being disadvantaged in future. Profit extraction and tax efficiency To maximise tax efficiency a director […]