Most Tax-Efficient Director’s Salary for 2025/26
The optimal salary strategy depends on whether your company qualifies for the Employment Allowance, which offsets employer National Insurance contributions (NICs). Option 1: Sole Director Without Employment Allowance If you’re the sole employee/director, your company isn’t eligible for the Employment Allowance. Tax Implications: Note: This approach avoids NICs but doesn’t earn National Insurance credits towards […]
Common Payroll Problems and How To Solve Them
Payroll Payroll is a crucial function of any business, ensuring employees are paid accurately and on time. However, payroll processing comes with its fair share of challenges. Mistakes can lead to compliance issues, financial penalties, and unhappy employees. In this blog, we’ll explore some of the most common payroll problems and practical solutions to prevent […]
Payroll Outsourcing: How To Switch Providers?
How to Switch Payroll Providers Without the Headache Switching payroll providers can seem daunting, but with the right approach, it can be a smooth and beneficial transition for your business. Whether you’re looking for better service, improved technology, or cost savings, follow these steps to ensure a seamless switch. 1. Identify Why You’re Switching Before […]