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insight, guides and tips on how to make the most of your finances
Trivial Benefit for Directors and Business owners
This is another no-brainer for business owners and company directors. If you are not doing so already, please talk to your Accountants about Trivial Benefit and utilise this tax-free benefit of £300 every company tax year, per director or employee. For a family...
WIS Nominated for Triple Awards
We are delighted to share with you that we have been nominated for a total of three Contractor Awards 2020. The Contracting Awards celebrate and recognise top UK contractor suppliers who provide exceptional services to the contracting community. WIS is in a unique...
Key Takeaways from Chancellor’s “Winter Economy Plan”
With the furlough scheme winding down and local lockdowns on the increase to try and curb the rising tide of coronavirus, it was almost inevitable the Chancellor would have to step in again. The initial reaction from Chancellor was to cancel the Autumn budget....
£20M SME COVID RECOVERY GRANT TO GO LIVE
£20 million new funding will be available to help businesses across England get back on track.
Life insurance through your Business
What is Relevant life insurance? Companies who are big enough and meet eligibility criteria, can use a registered group scheme to pay for their employees’ life cover. Though these group schemes are tax-efficient for its members, directors of smaller businesses were...
How to plan for Tax liability using Premium Bonds
Our fellow WIS Director, Suneth Silva has kindly put this video together to explain how the payment of annual Self-Assessment taxes can be better planned via the use of Premium Bonds. A quick recap of why Premium Bonds: ➡️ Anyone can buy them...
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