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’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
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
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
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
You want to extract profit from a close company. The traditional advice is to go for a dividend as it is more tax efficient. However, there are some exceptions to this rule. What are they and how do
you make the most of them?
Published 19.02.2019
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
The tax deductions that HMRC allows for expenses for directors and employees who work from home seem stingy, especially considering the huge hikes in energy costs. How can you obtain a more generous
tax deduction?
Published 20.02.2023
The signs are that last year was a good one and a bonus seems an appropriate reward. The trouble is there’s not much in the company’s bank account. If there’s an alternative to cash what might the
tax advantages be?
Published 03.02.2014
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