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Can I employ a family member?

Can I employ a family member in my business? How much should I pay them? What are the pitfalls to avoid? Many small businesses, whether incorporated or not, pay family

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Salary vs Dividends - One Accounting

Should I pay a salary or dividends?

Dividends provide an opportunity to extract profits in a tax-efficient manner. Extracting profits as dividends Dividends provide an opportunity to extract profits in a tax-efficient manner. As a rule of

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Radical Changes to Scottish Tax Rates

Scotland’s Finance Secretary has announced radical changes to income tax rates for 2018/19. These will affect Scottish taxpayers, and their employers, all over UK. What’s the full story? More or

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