What should you take for 2018-19 and why take a director’s salary at all?.
For further details feel free to contact us on 0121 5503074.
VAT Services in Halesowen
A significant consideration in the payment of mileage rates to Directors and Employees using their own cars for work related travel and indeed company cars without fuel inclusion is how to calculate the VAT contained in the amounts that have been paid.
Sumik will be pleased to set up a PAYROLL system for you with monthly RTI [Real Time Information] reports to HMRC complying with their requirements for any number of employees.
Sumik has extensive experience in assisting clients with the purchase or disposal of established Business Enterprises and can assist you in structuring a deal to maximise your tax allowances and reliefs, minimise SDLT to the buyer or seller and reduce the Capital Gains Tax Burden.
Director's Salaries & Dividends
When operating through a Corporate Entity there is always the question of what is the rate at which I should pay myself as a Director/Shareholder of the business so as to minimise my tax and N I costs.
Starting in Business
At Sumik Ventures Ltd we specialise in assisting new business start ups, sole traders, partners, small limited companies, we can offer services which can assist you to choose the right option, where to go for finance, what you will need to start your own business.