Payroll

Each year tax thresholds change slightly and so the most tax-efficient salaries for directors change. This post explores the most tax-efficient salaries for directors in the 2022 to 2023 tax year.

Where a limited company has purchased an electric car for a company director, they are likely to be thinking about electric vehicle (EV) chargers and whether or not they’re an allowable expense. This article looks at the tax implications of purchasing an EV charger for a director and installing it on their property.

Many business owners want to keep their team happy by providing staff with benefits in excess of their salary. While this is great for morale, it does have tax implications that need to be considered in the form of ‘Benefits in Kind’. This article provides a general overview of ‘Benefits in Kind’ to give business owners an idea of how they work.

Have you or your employees asked: why do I have that deduction on my payslip? This post will give you insight into what deductions are and how they are calculated.

Salary, dividends, or both? And how much?

An overview of payroll, relevant for anyone paying a salary to a UK employee. We cover legal obligations and how to handle it.