Month: March 2018

Persons of Significant Control

Person of Significant Control

Limited companies must disclose who the persons of significant control are. Failure to provide accurate information is a criminal offence. You could receive an unlimited fine and up to 2 years prison sentence. Have you checked your register is correct??? Introduction of the persons of significant control register The confirmation statement replaced the annual return …

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Tax Efficient Directors Salary April 2018

Directors can save £1,600 in corporation tax by paying a tax efficient directors salary. The optimum salary incurs no additional personal income tax or national insurance. Every year the tax allowances change. So every year the optimum directors salary changes and this is no different in April 2018. From 6th April 2018 the directors salary …

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