Your accounts for last year show a profit and you’re meeting with your fellow directors to decide whether it should be paid out as dividends. As tax will play a major part in your decision what are
the most efficient options?
Published 14.04.2014
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
It’s time to let go of the company reigns and enjoy retirement. But now is not a good time to cash in your pension fund and your state pension won’t kick in for a few years. The company can help out,
but how can it do this tax efficiently?
Published 12.11.2012
Your company is almost ten years old and doing well. You have no intention of retiring yet, but you would like to reap some of the growth in value now. What are your options?
Published 29.04.2015
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
Dividends are the most tax and NI-efficient way to take income from your company. The trouble is they can only be paid when your company has sufficient profits. But how do you work this out?
Published 27.11.2013
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
If you’re 55 or older, you’re entitled to get money out of your pension fund even if you’re still working. But you might need to take action before April 6 to stop the government from hacking 20% off
the amount you can get. What’s the full story?
Published 04.03.2011
This year’s accounts show a healthy profit and you want your share of it now, but one of your fellow directors insists he wants to defer indefinitely to keep his tax bill down. Is there something you
can do to keep you both happy?
Published 02.04.2013
You’ve spotted a one-off business opportunity that could make you a decent profit. The trouble is you don’t have the resources to take advantage of it, but your company does. How can you structure
the deal tax efficiently?
Published 27.11.2013