Haven’t received a wage from your limited company?
Then you’ve got to read this.
You own a limited company, and even if your business is your baby, you still need to pay yourself enough to keep your life going and ensure you put food on the table.
Staff Entertaining can be Tax-Free
As an employer providing fun using social functions and parties, your company has certain National Insurance and reporting obligations as well. However, let’s look at one exemption that you may have missed.