If you’re a director of a limited company, you should be on the payroll — even if you don’t draw a salary
If you pay any staff, then your business will need a payroll that accounts for tax and national insurance on their payments. Each tax year end, you’ll need to produce a payroll return that shows these deductions.
As a sole trader you’re not counted as a member of staff, but if you’re a director of a limited company, you do qualify as staff and should be on the payroll – even if you don’t draw a salary.
We can prepare your monthly wages and associated year end returns, and give you advise on all aspects of payrolls.
Accountant, Company News
Tax Guide For Self Employed Photographer | Be A Self Employed Photographer
How To Be A Self Employed Photographer? Here is a Tax Guide For Self Employed Photographer.
Accountant, Company News
Turning a hobby into a business
We always put extra energy and passion into the hobbies we love – but is it possible to turn these pastimes into a business? A lot of changes have taken place in the work place over the last few years, and more and more people are looking at how they can make money from their […]
Accountant, Company News
Becoming a Self-Employed Courier Driver
Do you love driving your car? Would you like to drive for money? If your answer is yes, then becoming a self-employed courier driver can be a good option for you. Choosing a career as a courier driver provides you with the freedom to be your own boss and set your own hours. You can […]