Designed to bring you tax tips and news to keep you one step ahead of the taxman.
We are committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year.
Salary, dividend or pension contribution?
When you work for your own company you can decide how much salary to pay yourself, how much to pay into your pension fund, and what proportion of the remaining profits to take as a dividend. The split is important as it will affect the tax and national insurance payable by you and your company.
Apprenticeships are becoming more and more recognized and vital in gaining practical experience and achieving nationally-recognised qualifications. With many young people leaving school, college and even university still unsure what they want to do, an apprenticeship allows young people to gain a real feel for what they want to do, it’s a way of studying, and getting paid for it!
At MJH Accountants we believe in enabling young people to work within our busy team and also to study at the same time. We consider it is an up and coming area in the education system. Instead of people spending a lot of money on a degree for a profession where an equivalent qualification is just as recognisable, it seems much more suitable to gain those qualifications but at the same time gain that sought after experience which most employers want. Read More
Shortly before 2pm on Monday 9th February 2015, I boarded a Virgin Pendolino bound for London excited about the prospect of my 2nd Xerocon.
2 hours 10 minutes later, I disembarked at Euston and made my way across the city towards my hotel, situated not 1 mile from the Battersea Evolution conference centre where “Xerocon London 2015” had been eagerly anticipated since its announcement in the autumn.
Record 120 tax returns submitted in January and before the deadline!
Mark and the team worked flat out throughout January to make sure that all tax returns were submitted on time. Forward planning also enabled MJH Accountants to come to the rescue of new clients who, for one reason and another, could not rely on their then current accountant to submit their tax return on time. We are always happy to assist whenever we can and to help keep all our clients fully compliant, whilst also remaining tax efficient. Read More