How does National Insurance work for a company director?
As a company director, your earnings are subject to National Insurance (NI) in the same way as all employees’ earnings are. It is treated differently in the way it’s calculated. If you’re a limited company director, you’ll pay both employers and employees...
How much is National Minimum Wage 2021
The clocks have changed, spring is sprung, and April is fast approaching. It is time to make sure you are paying your workers the correct amount. So how much is the National Minimum Wage in 2021? On 1 April the National Minimum Wage (NMW) rates for all ages of workers...
Will the new IR35 changes affect me?
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...
Can I host a tax deductible Christmas party on Zoom?
We’re coming up to that time of year, where we’d usually be organising a boozy Christmas lunch or putting on a staff party to end the year in celebration. It goes without saying, things are looking a little different this year. Since we’re currently in a second...Follow Starfish Accounting
