Your company has been in business for several months and trade has been good. The directors want to pay a dividend, but your bookkeeper says company law won’t allow it until the annual accounts have
been drawn up. Is he correct?
Published 10.11.2016
It’s a couple of weeks until the deadline for declaring benefits in kind to HMRC for 2018/19. How can you use a current year dividend to prevent the resulting tax charge and replace it with a lower
one payable at a later date?
Published 25.06.2019
Like many directors, the company pays you a dividend from time to time, whenever the bank balance looks healthy. But in light of a recent case, is this enough? Is there anything you should be doing
differently now?
Published 19.12.2007
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
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
Dividends might be the most tax efficient form of income, but that’s not the only thing you need to consider when paying them. Company law dictates when and how much can be paid. Where do you stand
if you don’t follow the rules?
Published 05.04.2016
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
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
Your company has been unable to pay dividends to a shareholder because their bank has returned the payment and you can’t contact them at the address you have. Can the company simply pay the money
back into its bank?
Published 03.11.2015
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