The Profit and Loss Report- Part 2
One of our goals at Tandem Business Solutions is to provide an updated and accurate P&L report to our clients 2 weeks after the month end, being fully updated to the previous month. This then provides our clients with a clear picture as to how their business is performing and in a timely manner to… Continue reading→
Why is tax so taxing!
Is the tax system complicated? Does one rule fit all? We all know that of course being tax compliant is very complicated and one rule certainly does not fit all. Even though I’ve been in practice for over 10 years and now I consider myself well versed in most taxes and compliance, however, there is… Continue reading→
Dividend or PAYE
Whether dividends or PAYE is the most tax efficent for your small business is a common question we get at Tandem. For many years a company director was advised to pay themselves a minimal director’s salary and then profits permitting to make up their income by dividends, solely because of the tax advantages. IS THIS… Continue reading→