Tag Archives: dividends

What does my tax code mean?

Tax code header

Getting paid is lovely isn’t it? And of course it’s good practice to check your payslip, to see that everything is correct etc. I know you’ll be fully on it, checking if your hours are correct, the pay rate is right, that your pension contribution has gone through … But are you quite so clued […]

How much money can I take out of my business?

how much money can I take out

Just because it’s there – doesn’t mean it’s yours! You bring in the sales,  you have money in the bank,  why can’t you take it?  One of the biggest rookie mistakes is thinking sales equals profits.  Profit is what is left after ALL the expenses are deducted, including any tax due.  There are two types […]