Your profit extraction Strategy from April 2022 It’s that time of the year when I update our annual blog advising those operating via a Limited Company on how to extract money from their business to pay themselves. This year the blog is different. I am not going to be setting out what you should pay yourself in a salary and how much tax you’ll pay on this and … [Read more...]
Self Employed Key Facts 2021 / 2022
Each year this blog is updated as the tax rates and personal allowance changes. These are the facts and numbers for 2021 / 2022. If you work for yourself or start a business on your own and are operating without incorporating it as a limited company then you are referred to as a sole trader. The term sole trader is interchangeable with being self … [Read more...]