The directors of a recently formed company were canny enough to know that taking a small salary plus greater dividends would be tax-efficient. But could they retrospectively change their remuneration
package to save even more tax?
Published 12.10.2011
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
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
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
The tax break for company-paid childcare was scaled back a while ago, but it’s still possible to get a tax and NI exemption on up to £55 per week. How can you achieve this and possibly do better?
Published 11.12.2012
The Taxman has special anti-avoidance rules for directors who try to save tax by shifting some of their income to their kids. But as they won’t stay children forever, can income shifting work for you
as a long-term plan?
Published 28.04.2010
You want to pay yourself in the most tax-efficient way and this usually involves taking dividends, but these can only be paid if your company makes a profit. So what’s the position if you get your
sums wrong and you take too much?
Published 15.07.2013
On advice from your accountant your businesses are owned by separate companies within a group. As a director of each company what’s the most tax and NI-efficient way to be paid earnings from them?
Published 02.01.2024
The end of your company’s financial year is not far away and it’s been a good year. You’ve decided to pay yourself a little extra. But because of the new tax rates will you still save tax by taking
it as a dividend instead of extra salary?
Published 24.10.2016
A new tax year starts in April and the good news is that you’ll be able to receive significantly more income taxable at the basic rate. How can you make the most of this when planning how to take
income from your company in 2017/18?
Published 19.01.2017