Tax Implications of Owner – Employee Contracts
From April 2013 limited companies have the chance to offer owner-employee contracts. This is aimed at trading employee rights for tax breaks. So what are the implications for your business?
From April 2013 limited companies have the chance to offer owner-employee contracts. This is aimed at trading employee rights for tax breaks. So what are the implications for your business?
Every business needs a recordkeeping system of their financial transactions. Whatever you choose must be sustainable, occur regularly, and produce verifiable information that you can use to manage business operations as well as meet secondary information requirements for tax and accounts preparation.