Buying a Car through Limited Company

Buying a Car through Limited Company

Is it worth buying a car through Limited company? What are the advantages and disadvantages? If the Company Buys: On Full Payment If you buy a new car through your company then it will attract a capital allowance. The amount of capital allowance will depend on the...
Dividends & Tax implications

Dividends & Tax implications

What is a dividend? A dividend is a payment a limited company can make to shareholders when it has made and retained sufficient profit. The most common way to pay yourself as the director of your limited company is using a mixture of salary and dividends. Keeping your...