How to pay yourself as a consultant: salary & dividends
When you are employed, your pay arrives in your account every month and the tax is handled automatically. When you…
consultancy accountancy
Are consulting fees tax deductible? What businesses need to know
If your business has paid for consultancy services, you may be wondering whether those fees can be offset against your…
Consultant Income Tax in the UK: A Plain English Guide
Most consultants pay more income tax than they need to. Not because they are doing anything wrong, but because nobody…
VAT for consultants: 7 things you need to know
Most consultants know they need to register for VAT once their turnover hits a certain threshold. Far fewer know that…