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Specialist limited company accountancy for contractors
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Stacey, our brave Contracts Administrator, took the heart-warming decision to shave off her gorgeous hair at the weekend in support of her poorly grandma. Stacey has raised over £1,000 for Macmillan Cancer Support.
Her colleagues in Customer Services greeted her with matching bald heads this morning in support of her cause. Customer Services Manager Sarah said "We're all really proud of you Stacey and you still look hot!" You can still sponsor Stacey here
Here at Umbrella Accountants we’ve seen a number of instances recently where clients have chosen to complete their own self-assessment tax returns but completed them incorrectly resulting in large tax bills.
It’s vitally important to understand that being a Director and Shareholder of a Limited Company doesn’t class an individual as being “Self-Employed”. If these sections are completed using information from the Limited Company accounts it can result in not only a nasty tax bill but also charges for Class 4 National Insurance that can also run into thousands.
