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What’s the best way to pay a Director / Shareholder?
Generally the best way for a Director / Shareholder to be remunerated is a combination of salary and dividends, but this should be reviewed on an individual basis. There are three ways you can be paid as a Director / Shareholder. Here is a summary of these three...
HMRC Tackles Research and Development (R&D) Fraud
Earlier this year, HMRC announced that it was suspending payments of Research and Development (R&D) tax credits while it investigated some claims. It has now released details of a new campaign to fight fraudulent claims. R&D tax relief is designed to...
3 Tips to Enhance the Performance of Your Team
Clear Vision Managing Director shares his recent experiences as a business owner and the insights he has gained on enhancing team performance. The Clear Vision Team Summer BBQ marks the halfway point in the year and, as usual, much fun was had by all—team members,...
7 Lesser-Known Employee Maternity Rights
Our Payroll Manager Sara Maxfield shares these useful points, reflecting regulations as at 1 July 2022. While your employee is receiving Statutory Maternity Pay (SMP), your employer pension contributions should be maintained in line with their usual salary, not SMP....
Updated Advisory Fuel Rates for Company Cars
HMRC has updated its advisory fuel rates for fuel costs when using company cars. These have increased slightly from 1 June 2022, due to the continuing increase in fuel costs. You can use the previous rates for up to 1 month from the date the new rates apply. The...
3 ways to improve your emotional wellbeing and your personal finances
Thank you to our friends at Hartsfield Planning for sharing this blog on personal financial planning for our clients and contacts, in the run up to Global Wellness Day. A recent report by Royal London looked at the benefits of receiving financial advice. It found that...
10 Top Wellness Tips for Dental Practice Principals
Dentist coach and counsellor Ange Day shares her insights as World Wellness Day approaches. ABOUT THE AUTHOR Ange Day is a dentist who found herself deeply distressed, desperate to exit dentistry and do something completely different. She retrained and is now a fully...
Delays to some Research and Development (R&D) Tax Credit Payments
In a move intended to mitigate abuse of the relief, HMRC has placed certain Research and Development (R&D) Tax Credit claims on pause while it investigates claim irregularities. We are advised that the majority of R&D Tax Credit claims will not be affected....
The Art of Relaxation – My Return to a Shepherd’s Hut
Clear Vision's Managing Director shares his recent experiences as a business owner. The last few months at Clear Vision have been extremely busy, with many changes to manage, including welcoming new team members and new clients. My first real break of the year was...
New Tax Year – New Tax-Saving Opportunities
If you missed the chance to make the most of the opportunities to save tax prior to the tax year ending on 5 April, the new tax year provides a fresh opportunity to make the most of the various allowances and exemptions. Our Tax Manager Diane Aldridge shares a few of...