Contractor Tax News

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Tax News for Contractors

 

Tax on Investments

 Tax on Investments

New dividend tax rules have reduced the incentive to pay dividends instead of salary for many shareholder-directors, but dividends still have advantages....
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Dividends vs Salary

Dividends vs Salary

New dividend tax rules have reduced the incentive to pay dividends instead of salary for many shareholder-directors, but dividends still have advantages....
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Employment Allowance

Employment Allowance Changes

From 6 April this year, you no longer qualify for employment allowance if you are the director and only paid employee of your company. This will not make too much....  Read full article here

Close Company Loans

Close Company Loan Rate Increased

The rate of ‘temporary’ tax charged on loans to participators in close companies has been increased from 25% to 32.5%, with the increased rate applying to loans....
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