Unlocking Financial Support: A Guide to Carer's Credit Are you tirelessly caring for someone for at least 20 hours a week? If so, you might be eligible for Carer's Credit, a National Insurance credit designed to bridge gaps in your National Insurance record. This credit not only supports your caregiving responsibilities but also plays a … Continue reading A Guide to Carer’s Credit from CIGMA Accounting
How to claim work from home tax relief in the UK When you-re self-employed in the UK, understanding your National Insurance contributions (NICs) is critical for both compliance and for securing your future benefits such as the State Pension. For the 2023-24 tax year, the HMRC highlights two primary classes of NICs that self-employed individuals … Continue reading Class 2 and Class 4 NICs: Quick Reference for Self-Employed Individuals in the UK
National Insurance credits can help qualifying applicants fill gaps in their National Insurance record. This can assist taxpayers to build up the number of qualifying years of National Insurance
As a new company director in the UK, you are likely wondering how to best pay yourself through your company. You have several options for transferring company profits into personal income, including salaries, dividends, and investments. This post outlines the pros and cons of each, and gives you the information you will need to make … Continue reading How to best pay yourself as a UK company director
