A hike in tax rates will affect dividends you receive on or after 6 April 2016. Working out how much the extra tax will be is tricky enough, but when and how will you be expected to pay it?
Published 08.02.2016
As the end of the tax year is just weeks away, now is the time to consider tax planning, especially around the income you take from your company. What steps will improve your tax efficiency?
Published 09.02.2021
You’re leaving profits in your company to accumulate with a view to eventually winding the business up and taking the profits as a capital amount. But might you save tax by extracting them as pension
contributions?
Published 18.02.2022
One of your co-directors has told you that the higher rate of tax on dividends paid from next April is to increase over current levels by 44%. So he’s going to take extra salary instead. Is he right?
Published 10.07.2009
Pension schemes aren’t the most popular form of investment these days. But directors who own shares in their company are in an ideal position to create a tax-efficient and personalised retirement
fund. How does this work?
Published 18.02.2013
A new financial year is approaching and your accountant has recommended a more aggressive approach to tax planning by paying regular dividends instead of salary. But your co-director/shareholder says
this will cause problems. Is he right?
Published 09.12.2011
Now that the Budget has confirmed the hike in NI it makes even more sense to pay greater dividends and less salary. But there’s a right way and a wrong way to do this. Make an error and you’ll be
easy prey for the Taxman.
Published 06.07.2010
You’ve been offered the chance to invest in a property development project. The trouble is most of your cash is tied up in your company. Should it make the investment and take the profits or is there
a more tax-efficient alternative?
Published 13.02.2015
The headlines talked about massive national debt and 50% income tax rates to pay for it. But as usual the small print contains much more that you ought to be aware of. So was it a good budget for you
and your company?
Published 15.05.2009
Mr Darling is stamping out higher rate tax relief on pension premiums from April 2011. But there are anti-avoidance rules that could affect directors now. Will you be caught, or is there a way to
avoid the trap?
Published 16.06.2009