At the end of your company’s last financial year your director’s loan account was in the red. Your accountant has suggested writing off what you owe to avoid a charge on the company, but is this the
most tax-efficient option?
Published 01.05.2019
Dividends are generally the most tax-efficient form of income you can take from your company but they can only be paid out of profits. Despite this, might there be a way for your loss-making company
to pay you a dividend?
Published 17.04.2024
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 26.10.2023
As a director shareholder of a company you have more opportunities than most to organise your income tax affairs efficiently. With that in mind, and as a new tax year starts on 6 April, how should
you approach it?
Published 16.03.2018
As a director of a small company you can more or less say how and when you would like your salary paid. The trouble is your total income varies each year which makes it tricky to decide what salary
to take. Is there a way around this?
Published 16.10.2018
You want to transfer ownership of your business premises from your company to yourself. You’ve heard that it can be done using a dividend in specie. What is this and are there any tax advantages to
it?
Published 03.12.2015
Supporting your youngster while they’re living away from home and studying at university is expensive. Usually you would have to fund this out of taxed income, but to improve tax efficiency can you
divert some of your income directly to them?
Published 21.12.2012
Usually, the most tax-efficient method of extracting profit from your company is dividends. If you don’t have an immediate need for the income you could, in the right circumstances, use the dividend
to increase its tax efficiency. What’s involved?
Published 19.04.2023
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
The end of the tax year is almost here and it’s time to check your tax position. You may have room to take more tax-efficient income from your company, or you might discover you’ve overdone it. What
steps can you take to rescue the situation?
Published 18.03.2024