A popular profit extraction strategy for personal and family companies is to extract a small salary, taking further profits as dividends. Where this strategy is pursued, at what level should salary be set?
Click here for more informationWe have a range of calculators including helping with VAT, Stamp Duty, savings and business start ups.
Click here to see all available calculatorsRPC will remain in Horley but will be rebranded as Blackman Terry Accountants. All staff will remain the same, but with the benefit of a larger team of expertise.
Did you know Blackman Terry specialise in property tax for landlords both in the UK and abroad?
To get in touch and see how we can help you, click here.HMRC is waiving late filing and late payment penalties for self assessment taxpayers for one month.
The measure will give those taxpayers affected by the coronavirus (COVID-19) extra time, if they need it, to complete their 2020/21 tax return and pay any tax due.
HMRC is still encouraging taxpayers to file and pay on time if they can. The tax authority also revealed of the 12.2 million taxpayers who need to submit their tax return by 31 January 2022, almost 6.5 million have already done so.
