Guide to Director’s Loans: Definition and Tax Rules
A ‘director’s loan’ refers to the money a director takes from the company that does not count as salary, dividends, reimbursed expenses, or a repayment of funds they have personally […]
The Role and Duties of a Company Director
The duties of a director of a UK limited company are set out in law, and they apply from the moment of appointment. Under the Companies Act 2006, every company
Company Director Pension Contributions – A Simple Guide
As specialists in UK company formation, we frequently see that retirement planning falls well down the priority list for limited company directors. You may be surprised to know that company
How to Pay Yourself a Salary or Dividends as a Director of Your Own Limited Company
As a director of your own limited company in the UK, you can pay yourself through salary, dividends, or a combination of both. This is important because how to take
Trivial Benefits Explained for Limited Company Directors
The term ‘trivial benefits’ is used by HMRC to describe certain small rewards received by employees and company directors that are exempt from tax and national insurance. If you give
What is a Director Service Address?
Director service addresses provide a secure and reliable location where statutory correspondence can be sent by an official body (e.g. by HMRC or Companies House), and received and actioned by
Who is a Company Director?
A Company Director is a person who is responsible for making key decisions, setting objectives and ensuring that a company adheres to its legal duties and obligations. Company Directors assume
When is a Company Director Liable for Company Debt in the UK?
It is widely understood that company directors enjoy limited liability from the debts of a limited company. This provides reassurance and encourages business people across the UK to invest time
Ten Upcoming Changes to UK Company Law From 4th March 2024
From 4th March 2024 onward a series of major changes to Companies House and UK company law will be rolled out as part of the new Economic Crime and Corporate
A Guide To Self-Assessment For Limited Company Owners and Directors
As a limited company owner or director, in addition to meeting your company’s tax obligations, you may also need to register for and pay self-assessment tax on your income. Getting