Running a Payroll

So you’ve set up your new business, got your head around the bookkeeping, and your other responsibilities as a company director. You’ve even started to get some paying clients and now you want to pay yourself a salary. But what’s the best way to go about this? How can you do it tax efficiently? Should you run a payroll or …

Changes to off-payroll working rules (IR35)

UPDATE: This has now been delayed until April 2021 because of the spread of the coronavirus (COVID-19) pandemic. The delay is to help businesses and individuals deal with the economic impact of COVID-19. As part of a review into changes to the way the off-payroll rules (IR35), HMRC has announced that the changes will only apply to payments made for services …