Sep 22, 2024 | Business Start Up Growth, Business Success, Expenses
When it comes to achieving high efficiency and reducing costs in business, the principle of economies of scale is what we need to understand, and then plan for it. This concept applies to all sorts of businesses – be they sole traders, LLCs or not-for-profits....
Jul 14, 2024 | Accountancy, Business Support, Money, Tax, Tax Advice
Are you making the most of taxable benefits? This is such an underused tax strategy, yet it is so powerful. But before we go into taxable benefits, Salaries and dividends A salary, unlike dividends, is subject to the employer’s and employee’s National Insurance...
Jul 7, 2024 | Tax, Tax Advice, Well being and mental health, Work life balance,
Have you heard of benefits in kind? If you haven’t, then read on to find out how this particular strategy can increase your tax savings as a business owner. What are benefits in kind? Well, they are perks or advantages provided to employees (directors as well) in...