tax allowance changes
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“The call with Tracy wasn’t really what I’d been expecting. It was so much better and useful. The question I needed answering specifically was ‘How much tax to save and pay the salary I want to pay myself from the business’, which she answered.
In order to answer my initial question, Tracy asked me several other questions that gave me new ideas and insight that I didn’t expect. This included how much I charge clients and how many clients that I have, so that she could tell me how many clients and support clients I needed to get to my target salary. They were questions that I wasn’t expecting but they were very very useful.
After the call I have now paid myself six months of my ideal salary and know how much to put aside. I now know I can afford to do this and have no worries about an unexpected tax bill.”
TI Accounting are a really knowledgeable team, truly experts in their field.
