by Ryan Sample | Oct 31, 2024 | Budget News
Employers National Insurance – Autumn Budget 2024 What Does This Mean For Employers? Highlights Employers National Insurance increased to 15% (from 13.8%) Employers National Insurance Threshold decreased to £5,000 (from £9,100) Employment Allowance increased to...
by Ryan Sample | Oct 23, 2023 | Company Structure, Tax Saving
A holding company structure potentially offers significant benefits to business owners. This article sets out some of the key considerations. What is a Holding Company? Generally a holding company is a company set up to own the shares of other companies....
by Ryan Sample | Jul 14, 2023 | Sapphire Accountants
We are expanding. On Monday 17th July 2023 we will commence occupancy of our new office in Leeds City Centre: 1714 The Pinnacle 17th Floor 67 Albion Street Leeds LS1 5AA Our Guiseley office will remain open as usual. The new Sapphire Accountants Leeds office will...
by Ryan Sample | Jul 13, 2023 | Pensions, Tax Saving
A Directors Small Self Administered Scheme (SSAS) is a pension scheme which provides investment flexibility and scope for Directors to utilise pension funds to use in their business. Tax Relief The employer, which is often a Limited Company of which the Director is...
by Ryan Sample | Jul 12, 2023 | Benefits in Kind, Tax Saving
For a number of years the UK Government has attempted to encourage business users towards using low emission vehicles. What is the benefit of using a fully electric vehicle as a company car? Background Benefit in Kind (BIK) tax on company cars has for many years been...