Payments on account are advance payments towards your tax bill in the UK’s self-assessment system, primarily for self-employed individuals, freelancers, and others with non-PAYE income. Here’s a detailed explanation: What Are Payments on Account? Purpose: These are designed to help spread the cost of your tax bill over the year, rather than paying a large […]
As a director of an owner-managed business, you have the flexibility to decide how to pay yourself, either through a salary, dividends, or a combination of both. However
As an accountant firm that specialises in accountancy for small business enterprises (SME’s), providing a more comprehensive service that not only ensures that the accounts are taken care of but also enhances the overall back office of the business is key to helping businesses grow. CDC Accounting has collaborations and partnerships that can help businesses […]
