Cashflow for photographers

Cashflow for photographers

Photography, more so than many other businesses, can have real peaks and troughs in the flow of work. For wedding photographers, for example, summer is usually hectic with more clients than can be handled, while winter can be a dead zone. Those who depend on pitching...
Can I invest funds in limited company in the stock market?

Can I invest funds in limited company in the stock market?

This is a question that I am often asked by clients seeking higher returns on their cash than they would otherwise achieve from a bank, where they do not want to extract the cash from the company due to the tax that would be suffered on dividends, or believe that the...
IR35 reform to the Private Sector

IR35 reform to the Private Sector

IR35 is an anti-avoidance tax that has been around since the turn of the century. It’s objective is to prevent individuals that would otherwise be an employee from engaging via a limited company and receiving the tax benefits associated with being in business. Since...
Can I employ a family member?

Can I employ a family member?

As with claiming a tax deduction for any business expense, a salary must be paid on a commercial basis, wholly and exclusively for the purposes of business. It follows that if you employ a family member to carry out a function of the business; firstly, they must...
Incorporating a Limited Company

Incorporating a Limited Company

For a lot of people, the formation of a limited company represents the first steps towards being your own boss. The formation of a company is a relatively straight-forward process. All companies require a name, shareholders, directors, a registered office and articles...