Thinking about how to complete your self-assessment tax return so you can file it on time? You’ve come to the right place! In this guide, you’ll learn everything you need to know about how to file your self-assessment tax return and whether you should seek professional help or not. Learn more here: https://ltdaccountancy.co.uk/how-to-complete-a-self-assessment-tax-return/
Ltd Accountancy Ltd
For the past 10 years, we have been serving IT contractors, consultants, designers, musicians, architects, film makers, therapists, editors, photographers, yoga instructors, event organisers and other micro-businesses.
We know that being a one-man band is tough, so we help small business owners thrive by taking care of the accountancy side of things, serving as a sounding board at times when important decisions are to be made and as a valuable ally in web research when it's most needed. We let our clients enjoy doing what they are best at while we enjoy supporting their journey to freedom and success!
One of the most common questions asked by solopreneurs / small business owners is: “Should I be self-employed or incorporate as a limited company?It is often the case that a freelancer / sole trader starts a business and the business grows such that the matter of incorporation needs to be considered. Although the decision to incorporate should be for commercial reasons rather than tax savings, any tax savings that may result need to be factored into the decision... Continue reading here: https://ltdaccountancy.co.uk/should-i-incorporate-my-small-business/
Salary, dividends and loans are not the only tax efficient ways you can take money out of your business.
Check out a list below for some of the most popular ways of extracting cash from a limited company, while reducing your corporation tax and not increasing your personal tax bill either!