Welsh Rates of Income Tax
Welsh Rates of Income Tax apply to directors resident in Wales and are set by the Senedd each year. They belong to the director’s own return, so Finstem confirms where each director lives before the first one is prepared.
What Finstem does
- Each director’s residence confirmed at onboarding and recorded on the file
- Salary and dividends reported on the director’s self-assessment return
- The company’s payroll and the director’s return prepared by the same person