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
As an alternative to salary or dividends, benefits in kind are a potentially tax-efficient option for directors, especially those of multiple companies. What’s the advantage and when can you use it?
Published 04.03.2019
You son, who’s at university, wants you to pay for his driving lessons. It will cost around £1,000 to get him through his test. Would putting it through your company be a cheaper and more
tax-efficient option than paying for it personally?
Published 27.05.2016
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
You’re planning the remuneration package for the directors of two new subsidiaries of your company. What should you be considering to maximise tax and NI efficiency?
Published 26.06.2019
Where your company pays for improvements to property which you own, this counts as a taxable benefit for you even if the business occupies and uses the building. How can you defer and possibly reduce
the tax bill?
Published 22.07.2011
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
You want to employ a nanny. Normally this would mean registering with HMRC as an employer, with all that this entails. Could you instead add them to your company’s payroll? If so, what would the tax,
NI and other consequences be?
Published 31.10.2018
The taxation of dividends and benefits in kind has changed significantly in recent times. So if you’re considering taking more income from your company, which should you choose for maximum tax
efficiency?
Published 31.08.2017
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