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Will the new IR35 changes affect me?

Will the new IR35 changes affect me?

by Juliet Wylie | 19th March 2021 | Being an employer, Directors, Limited company, Sole trader

New IR35 tax changes will come into force in the private sector in April 2021. As a result some self-employed workers, and the businesses that hire them, will have to pay tax differently.   Are you one of the 170,000 ‘contractors’ who may have to pay more tax?  Are...
How much can you take as dividends

How much can you take as dividends

by Georgi Rollings | 2nd October 2020 | Directors, Limited company, Start ups, Tips and Tricks

One of the questions we get asked most often is how much you can take as dividends. Taking money out of your limited company without double checking what you are doing is also one of the easiest ways to get yourself into a financial mess. Most of us were employees on...
Should I choose an electric vehicle for my company car?

Should I choose an electric vehicle for my company car?

by Emma Lawrence | 18th September 2020 | Being an employer, Directors, Limited company, Sustainability

As accountants, we’ve been asked plenty of times – “should I get a company car?” Up until recently, our answer was usually no. But new tax incentives relating to electric vehicles means we’re shifting our thinking towards an overwhelming YES.  With government...
Before you hire a new employee, see if you’re eligible for Employment Allowance

Before you hire a new employee, see if you’re eligible for Employment Allowance

by Emma Lawrence | 11th September 2020 | Being an employer, Limited company, PAYE, Start ups

As business owners, we all want to take on employees. One of the greatest benefits of a growing business is being able to afford support in running it. Employment Allowance is designed to support small employers financially. But going down the employment route can...

Can you be employed and self employed

by Georgi Rollings | 29th December 2012 | Self assessment, Sole trader, Start ups

I regularly get asked “Can you be employed and self employed at the same time?”  The short answer is YES, there is nothing whatsoever to stop you from being both employed and self employed. If you work full or part time for an employer under PAYE (Pay As...
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Starfish Accounting is a trading name of Starfish Accounting Limited. Registered in England and Wales, company number 07582136.
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