Understanding salary and dividend payments for business owners and directors
As an owner or director, it may be possible for you to pay less tax on your income from your company through dividends.
Read more...29 Jun 2023
Month: June 2023
28 Jun 2023
Providing the medicine for your financial woes
Many pharmacies are currently facing an unprecedented financial squeeze, caused by concession pricing and the shortfall in the amounts reimbursed by the NHSBSA. If your pharmacy is facing funding struggles, it has never been more important to ensure the financial side of your business is in good working order. At AGS we provides business support […]
Read more...28 Jun 2023
Understanding and navigating job expenses
Navigating job expenses can seem daunting at first glance. There are a plethora of rules and regulations that can leave employees feeling overwhelmed.
Read more...27 Jun 2023
Managing an Overdrawn Director’s Loan Account
Are you a company director contemplating a loan from your own business? If yes, it’s crucial to understand the workings behind the Director’s Loan Account (DLA) and the implications of an overdrawn director’s loan account (ODLA).
Read more...22 Jun 2023
Is cloud accounting the future for businesses?
In the world of entrepreneurship and small businesses, technology continues to revolutionise the way we manage our operations.
Read more...21 Jun 2023
The importance for businesses of avoiding tax fraud
HM Revenue & Customs (HMRC) recently announced that it plans to boost its use of Code of Practice 9 (COP9), a legal mechanism used to handle suspected tax fraud cases.
Read more...20 Jun 2023
How to spot the early signs that your business may be facing financial difficulty
Many businesses across the UK have been financially affected by the cost-of-living crisis and the rise in inflation and have also suffered from the fallout of Covid-19 loan schemes and companies’ failure to make repayments.
Read more...15 Jun 2023
HMRC issues extension to deadline for voluntary National Insurance contributions
The Government has recently announced an extension to the deadline for individuals to pay voluntary National Insurance contributions (NICs), in a move that will benefit thousands of people across the country.
Read more...14 Jun 2023
Hybrid company cars: What do you need to know?
With the sale of new petrol and diesel cars set to cease in 2030 and rising fuel costs, the demand for hybrid and electric cars is on the rise.
Read more...13 Jun 2023
New HMRC service allows businesses to set up online payment plans for VAT owed
HM Revenue & Customs (HMRC) have recently confirmed that businesses that owe less than VAT £20,000 can now set up a payment plan online.
Read more...12 Jun 2023
Are your savings earning enough? £233 billion stuck in bank accounts with zero-interest
New research by fund managers has shown that up to £233 billion of savings are currently held in zero-interest bank accounts. In previous years, the historically low-interest rates brought on by the Bank of England’s decision to keep the base rate low have meant that many savers have had little option but to put their […]
Read more...12 Jun 2023
Time to make up shortfalls in state pension running out – Act now
Earlier this year, the Government extended the final date to top up your National Insurance (NI) record for tax years 2006 to 2016 to ensure you received the full state pension. Previously slated for 5 April, the deadline now stretches to 31 July 2023, providing a valuable grace period for anyone with gaps in their […]
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