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all "Why it’s worth paying directors’ fees"
related advice.There are 10 results
It can take some time before a new company has enough income to be able to afford to pay its directors. This can mean losing out on tax and NI advantages. But is there a way to achieve these without
the company having to actually pay you?
Published 21.09.2011
The current economic downturn has resulted in falling income for your family and now your partner has been made redundant. Could you transfer some of your income to them and save some tax in the
process?
Published 29.01.2009
A colleague’s dear old dad kept giving him so much good “advice” on how to run the business that he’s made him a non-executive director. What’s interesting is that he says he can pay him a tax-free
fee plus expenses. Is this true?
Published 07.04.2005
Your spouse was made redundant with little prospect of getting a job in the near future. As a result they’re wasting their tax-free allowance and losing state pension rights. Might paying them from
your company help?
Published 17.12.2020
The tax general anti-abuse rule (GAAR) became law this summer, and there have been rumblings that HMRC will use this to attack income shifting between spouses. Should you be concerned about this?
Published 13.11.2013
If you employ a family member, how much will the Taxman allow you to pay them? Recent divorce rulings and revelations about MPs’ expenses suggest that the sky’s the limit. How can you use these to
your advantage?
Published 21.06.2007
From April 6 2008, a new law will make it difficult to save tax by paying dividends to your spouse. What should you be doing now to get around this?
Published 31.01.2008
The Taxman’s case against a husband and wife company reached the Court of Appeal at the end of last year. What’s your position now?
Published 19.01.2006
Your new bookkeeper has suggested you pay your other half a salary and claim it as a business expense. He says as long as you actually pay them HMRC can’t object to the tax deduction. Is this really
correct?
Published 27.11.2017
The Taxman won’t let businesses deduct excessive wages paid to the proprietor’s spouse. So how should you calculate the correct wage to keep on the best side of both your spouse and the Taxman?
Published 24.02.2005
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