If you have a business, which is not a limited company, you will be subject to Income tax and National Insurance on your net profits.
If you are a limited company, the company will be liable for Corporation Tax and any salaries drawn subject to Income Tax and National Insurance, with any dividend payments made subject to Income Tax
This may sound complicated – but this is where we step in to take the strain, by sorting out, advising and explaining to you clearly the implications and calculations.
By keeping in regular contact and advising you of changes to tax legislation, we give you the confidence that your financial affairs are in good hands, so that you can concentrate on running your business.