Archive | June, 2015

Salary vs. Dividends – The Facts for Directors

Do you own your own company? As a company owner you are in a favourable position: you benefit from being rewarded as a director and a shareholder. Directors take a salary from the company. Shareholders draw dividends. By splitting your income between salary and dividends you could generate large income tax and national insurance (NI) […]

5 Facts employers should know about reporting payroll information

5 Facts employers should know about reporting payroll information   Since 6 October 2014 employers with 50+ employees have been issued penalties from HM Revenue and Customs for reporting their payroll information late. On the 6 March 2015 a similar penalty was introduced for employers employing fewer than 50 employees. Here we inform you of […]

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Payroll legislation changes all employers need to be aware of.

Payroll legislation changes all employers need to be aware of. The payroll year end is done and dusted and it is time to make sure you are ready and up to date for the start of the new payroll year. As always new legislation has been set out for the coming year and we thought […]

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