Director’s Loan Accounts

lindaHMRC - General & Taxation

What Are They and Why Should I be Bothered? The most difficult question that I have to explain to clients is how they ended up with a director’s loan account especially when they don’t have a clue what it is so………… what is it? The Director’s Loan Account Explained Here is the shocker – any money that your limited company …

Director’s Salary – How Much Should I Pay Myself?

lindaHMRC - General & Taxation

As a director/owner it is sometimes difficult to decide the best split between salary and dividends. There really is no right or wrong answer but here are the rules to help you to decide. As a director you are legally separate from your limited company, even if you are also the owner. This means that the only way that you …

HMRC Update – NI Pension Gaps

lindaHMRC - General & Taxation

HMRC are advising people that they should check their NI contributions towards their pensions to ensure that they don’t fall short. They have put a deadline on when gaps can be filled between 2006 and 2016. So it’s worth doing a check just in case. For the full article follow this link : – If you need any help just …