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Monday 23 February 2026 21:39:28 GMT

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Phẫu thuật vùng mắt cho người trên 40 tuổi – nên cắt mí hay nâng cung mày? #phauthuatthammydiamond #thammydiamond #catmi #nangcungmay #fyp

Phẫu thuật vùng mắt cho người trên 40 tuổi – nên cắt mí hay nâng cung mày? #phauthuatthammydiamond #thammydiamond #catmi #nangcungmay #fyp

Business baddies assemble. This video was inspired by the conversations I had last week. Because as an accountant you really do get to understand what new business owners…don’t understand. So in this scenario to keep it simple I’ve kept the sales below the VAT threshold (but do bear in mind that you may need to register for VAT once your sales go over £90,000 in any 12 month period). Some other things to consider around taking money out: Payroll Payroll is one of the ways you take money out of the company and your accountant will need to register you for PAYE to do this and will usually process your payroll in their software and issue you with monthly payslips. You may not run payroll if you have other income sources within a personal tax year so if this is the case the main way you take money out are dividends Dividends are distributions of post tax retained profits Essentially it’s a pot of money in your company you can pay to yourself. You can pay this monthly, quarterly or annually or not at all (if you want to keep money within your Ltd company). Bear in mind that dividends are taxable and will be taxed when you submit a self-assessment. You’ll need to be registered for self assessment to do this. Why dividends of £37,700 and salary or £12,570? In combination the amount is £50,270 which - provided you have no additional income takes you up to your basic rate band where you have lower tax rates. Taxes! In this scenario based on the number you need to save for: - Employers national insurance - this is tax on your salary taken - Corporation tax - tax on the company profits - paid to HMRC from your company account - Income tax on dividends - personal tax paid from your personal account You may also have tax to pay on various benefits for example gym memberships, company cars, membership fees (e.g like Soho house) This is information and not advice because - this is complex and will need to be flexed and considered in light of your personal circumstances. Speak to an accountant and plan the year ahead putting in a strategy of how much money to take out and what that looks like in terms of your taxes. Using @theproductivitymethod for my notes. Looking for an accountant? Head to the link in my bio and let’s chat. #business #tax #accountant #money #freelancer

Business baddies assemble. This video was inspired by the conversations I had last week. Because as an accountant you really do get to understand what new business owners…don’t understand. So in this scenario to keep it simple I’ve kept the sales below the VAT threshold (but do bear in mind that you may need to register for VAT once your sales go over £90,000 in any 12 month period). Some other things to consider around taking money out: Payroll Payroll is one of the ways you take money out of the company and your accountant will need to register you for PAYE to do this and will usually process your payroll in their software and issue you with monthly payslips. You may not run payroll if you have other income sources within a personal tax year so if this is the case the main way you take money out are dividends Dividends are distributions of post tax retained profits Essentially it’s a pot of money in your company you can pay to yourself. You can pay this monthly, quarterly or annually or not at all (if you want to keep money within your Ltd company). Bear in mind that dividends are taxable and will be taxed when you submit a self-assessment. You’ll need to be registered for self assessment to do this. Why dividends of £37,700 and salary or £12,570? In combination the amount is £50,270 which - provided you have no additional income takes you up to your basic rate band where you have lower tax rates. Taxes! In this scenario based on the number you need to save for: - Employers national insurance - this is tax on your salary taken - Corporation tax - tax on the company profits - paid to HMRC from your company account - Income tax on dividends - personal tax paid from your personal account You may also have tax to pay on various benefits for example gym memberships, company cars, membership fees (e.g like Soho house) This is information and not advice because - this is complex and will need to be flexed and considered in light of your personal circumstances. Speak to an accountant and plan the year ahead putting in a strategy of how much money to take out and what that looks like in terms of your taxes. Using @theproductivitymethod for my notes. Looking for an accountant? Head to the link in my bio and let’s chat. #business #tax #accountant #money #freelancer

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