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Our concise reference to important dates when employee Class 1 National Insurance Contributions (NICs) decrease, impacting the dividend allowance for the 2024-25 tax year.
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The routine services you would expect us to provide are listed below but it’s the important ongoing professional advice that really helps our clients.
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So what is the main difference between tax avoidance and tax evasion? Let’s put it simple – Tax avoidance is legal and tax evasion is not.A lot of people already do tax avoidance by having an Individual Savings Account (ISA), or paying some earnings into their Pension pots (like SIPP), which is a legal way to reduce you income tax. Businesses and sole traders can decrease their tax bill by claiming business related expenses, which is perfectly legal and the right way to do business.
We are experienced certified accountants in Southern England that are committed to helping small businesses achieve growth.
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