Mind the Nic Gap
Do you know whether your national insurance contributions (NIC) record is complete and correct? You can check the NIC record over your entire working life on your online personal tax account (www.gov.uk/personal-tax-account). This will also provide an estimate of the state retirement pension you should…
How should your business owner ‘salary’ be paid?
According to job site Indeed, the average UK business owner salary is just under £38K – almost £10K more than the average for employees. That’s good news if you’re an entrepreneur, but working out exactly what you should pay yourself and how can be a…