Benefits in kind are usually more NI efficient than salary. However, the opposite can be true for director shareholders who receive a low salary, perhaps topped up with dividends. What savings are
possible and how can you take advantage?
Published 13.10.2017
In April this year the NI rate on earnings increases by 1% for all employees, including directors. You can’t avoid paying NI on salaries and wages, but is there a way for directors to delay it on
their own pay?
Published 10.01.2011
The Chancellor wants to merge tax and NI, but that won’t happen soon. This is good news because it means you can still use the “earnings period” loophole to cut your employees’ NI bill. How does this
work?
Published 12.10.2011
The directors have agreed to offer staff optional extra time off without pay. Some workers are interested, but are worried this might adversely affect their tax and NI position. Are they right to be
concerned?
Published 27.06.2012
In the last Autumn Statement the Chancellor confirmed that from April tax-free allowances will rise, but the point at which higher rate tax kicks in will be lower. What changes to your salary and
dividends are needed to stay tax and NI efficient?
Published 03.02.2012
The tax tribunal recently considered the rules that apply for working out income tax and NI where a director has personal use of a company asset. The taxpayer won, but can you rely on this victory to
save you NI?
Published 08.06.2010
There are special rules for working out directors’ NI. This frequently results in too little being paid. Why is this more of a problem for directors and what can you do to fix it?
Published 30.08.2013
The Taxman’s approved mileage allowance rates haven’t increased for eight years and are losing touch with the real cost of motoring. Will paying more bring you a tax advantage or just trouble from
the Taxman?
Published 31.03.2010
HMRC has recently updated its National Insurance (NI) toolkit. This includes a warning that earnings from two or more directorships can be lumped together for NI purposes resulting in higher
payments. When might this rule apply?
Published 28.05.2013