You can easily find yourself in a Catch 22 position when, on the one hand, trying to save your company tax and, on the other, aiming to reduce your own self-assessment tax bill. Is paying yourself a
larger bonus a solution?
Published 13.10.2010
The general view is that paying dividends rather than a salary or bonus can save you and your company tax and NI. But one of our subscribers was not so sure that it was always the case. Were they
right?
Published 11.01.2010
As a general rule, dividends are the most tax efficient way to get income out of your company. But these can only be paid where you’re making a profit. So what will the Taxman say if you pay
dividends from a loss-making company?
Published 29.11.2012
As an owner manager of a company, taking income from it in the most tax and NI-efficient way is probably near the top of your list. The general view is that dividends are the best option, but when
might benefits in kind trump them?
Published 27.06.2023
Salary sacrifice arrangements are a tried and tested way of reducing tax and NI. But if you’ve already optimised your salary for maximum tax efficiency are they still worthwhile or is there a better
alternative?
Published 14.05.2015
As a director of your small company you have complete autonomy over when and how you are paid. What do you need to consider before committing your company to a salary if cash is tight?
Published 17.10.2023
Seed Enterprise Investment Scheme (SEIS) tax breaks are worth at least 50% of your investment, but your money will be tied up for some time. How long before you can get your hands on it and what
should you do with it then?
Published 20.09.2012
If you have control over the salary and dividends you receive from your company, this time of year is important for tax and NI planning. Especially this year if profits have been adversely affected
by the pandemic. What factors should you consider for maximum tax efficiency?
Published 09.03.2021
You’re aware that sharing your company’s income with your spouse can save tax but aren’t sure how to do this in practice for the maximum tax advantage. What tips or traps should you be aware of?
Published 07.04.2022
Your company is doing well and so you plan to increase what you take from it. The question is, what’s the most tax-efficient way to do it? Usually dividends are the best option, but might there be a
more tax-efficient alternative?
Published 28.10.2014