by Accountants Sheffield | Jul 11, 2023 | Income tax, Limited company
As we are well into the 2023/24 tax year, many companies are considering what the best salary for a director is for this period. In this blog post, our accountant team have outlined what the most tax-efficient salary and dividend structure is for the current tax year.... 
by Accountants Sheffield | Mar 28, 2023 | Bookkeeping, Business, Limited company
Why should you keep your bookkeeping up to date? Bookkeeping is essential for running your business, but you would not be alone if you admitted that this task often gets pushed to the bottom of your ‘to-do list’ as you tackle more seemingly urgent... 
by Accountants Sheffield | Feb 17, 2023 | Blog, Business, Limited company
Business owners may have already heard that from April 2023 onwards, the rate of corporation tax that a company will pay is changing. Our latest blog post from the Freedom in Numbers team covers corporation tax; here we look into what corporation tax is, who needs to... 
by Accountants Sheffield | Aug 15, 2022 | Business, Limited company
The latest blog article from our Freedom in Numbers Sheffield Accountant team explores what happens if you have an overdrawn director’s loan account. During the course of business, there may be a time where an unexpected cost (personally) arises, and you may... 
by Accountants Sheffield | Apr 26, 2022 | Business, Limited company
Since IR35 reforms rolled out in the private sector in April 2021, umbrella companies have become an increasingly popular way for contractors to work. But many people wonder “what is an umbrella company?”. As well as being an option to work outside... 
by Hannah Adams | Mar 30, 2022 | Business, Limited company, Self Assessment
Your business structure is one of the first things you’ll need to decide on when you start up, but how do you know which is right for you? Sole trader or limited company? It’s an important choice, determining where your business stands in legal terms, the kind of tax...
