It’s the season of goodwill for 2006 so why not extend this to yourself, by taking an extra bonus or dividend? But which is best - is it always the case that one method is more tax-effective than the
other?
Published 07.12.2006
This is probably the time of year when taking out an extra dividend would help with your personal cash flow. What’s the maximum dividend you can take out this year in light of the new rule/rate
introduced by Gordon Brown? Your company
Published 02.12.2004
You will already be aware of the benefits of taking an annual dividend in lieu of a bonus from your company, perhaps to cover the cost of Christmas. However, how often can you legitimately take a
dividend?
Published 17.01.2008
The Chancellor’s first Autumn Budget included an uplift in tax-free personal allowances and NI limits from 6 April 2018. What effect will they have on your tax bill and how should you plan to use
these increased allowances?
Published 08.12.2017
Taking benefits in kind instead of salary can save you tax and your company NI. To get the best outcome you need to tailor the arrangement to fit your financial circumstances. But is this type of
scheme always tax efficient?
Published 02.05.2014
How will the change to the starting rate for Corporation Tax, announced in the December 2005 Pre-budget report, affect you?
Published 22.12.2005
The new dividend tax applies to all companies with annual profits of £50,000 or less. So the regime can catch any company if it’s having a lean year. However, there is a way you can reduce this tax
bill. How’s it done? Your company
Published 07.10.2004
The new dividend tax has been in force for nearly a year now, and some companies with low profits who paid out dividends are starting to receive higher tax bills. But there is a way to neutralise
this tax. How does it work?
Published 24.02.2005
Your company started small but is now making fair profits. However, you don’t need to draw this out as you have enough other income. So is it better to take out the profit now or leave it to
accumulate?
Published 10.01.2014
You’re about to reach state pension age but have no intention of giving up running your company. As you’ll no longer have to pay NI contributions on salary should you start taking more of it and less
in dividends?
Published 07.01.2019