Hiring Your First Employee: What Must a Company Do?
Hiring your first employee brings with it a new set of legal obligations that do not apply when a business is run solely by its director or directors. From registering
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
Registering a Company While Working Full Time: Tax Considerations
If you are considering registering a company while working full-time, in addition to paying tax through PAYE with your employer, you will need to submit an HMRC self-assessment and corporation
What is a P60 Form and How to Use It?
In the UK, the P60 Form is a document that is issued by employers to their employees each year. It contains important information relating to the pay and deductions (e.g.
What are the Key UK Employment Law Changes in 2024?
2024 has already seen a number of key UK employment law changes, including reforms which aim to improve workplace conditions and protect employee rights. Businesses in the UK should be
Understanding the Share Code for Right to Work in the UK
Ensuring that employees have the legal right to work in the UK is an important aspect of employment law compliance. One of the easiest methods for checking a person’s right
How to Check a Job Applicant’s Right to Work in the UK
As an employer in the UK, you are legally required to check the right to work of all prospective employees. This requirement does not just apply to candidates from outside
How to Withdraw Funds from a Limited Company Legitimately
The main methods of withdrawing money from a limited company are through a director’s salary, expenses/benefits, dividends, and a director’s loan. As a limited company director, it is essential to
Registering for Tax After Company Formation
Registration with Companies House is just one of several steps involved in forming a new company in the UK. The next important step is to register for company and personal
What is PAYE?
Take a look at any recent payslip and you’ll see some PAYE deductions that have been taken automatically. While everyone who is employed by a business will be subject to