Blogs

I am not a social media butterfly and don’t like sharing my life with the world, but this month I want to share something that I have never done before, that made me very proud. I took our 3 kids mountain biking (the blue path so nothing fancy) in the Glenlivet estate in the Highlands, Scotland.

If you know me, you will appreciate how out of my comfort zone that was. And I loved it. That made me think of how important it is to do things that are out of our comfort zone. It makes you see the world differently and appreciate things we take for granted.

Submitting your self-assessment in April might seem strange for some people, but I love being prepared :-).

We are ready, so let's get your self-assessment done and dusted so that 2022 can be awesome!

I would like to encourage all our lovely clients to get their self-assessment done as soon as possible.

If you work through a limited company, it can be very tax efficient to have your limited company make pension contributions directly into your pension scheme. Please note that we are not pension advisors so we cannot give specific pension and investment advice and if you are interested in starting a pension, we would strongly advise that you discuss your specific circumstances with a pension advisor.

To start with I need to explain the difference between pension contributions made personally and contributions made by your company (aka employer contributions).

I was asked again this month to do a presentation for the Acting Out Drama school in Edinburgh for the final year students on what is the best way to trade; as a limited company or as a sole trader.

I thought it might be useful to show the differences in a table format.

This table is only a summary, and you should read and consider the facts on the Government Gateway or consult with an expert before making a final decision.