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all "Pay a dividend now to defer and reduce last year’s tax"
related advice.There are 10 results
Just before the end of the tax year you drew some cash from your company’s bank account for personal use. Now we’re in another tax year you intend to treat the payment as a dividend. When will you
have to pay tax on it?
Published 26.11.2018
In 2021/22 your company provided you with benefits in kind on which you’ve paid tax through PAYE. It’s possible to reverse the tax and NI consequences by making good the benefit. What’s involved?
Published 31.05.2022
In 2014/15 your company paid a few of your personal bills and your accountant has shown them as benefits on your P11D. Is it too late to use your director’s loan account to cancel the benefit and
what are the tax and NI consequences?
Published 05.06.2015
The accounts for your company’s recently ended financial year are being finalised by your accountant. You expect them to show a loss. Does this mean you should stop taking dividends to avoid trouble
with HMRC?
Published 07.05.2021
With the end of the tax year just a few weeks away you might be planning to draw extra salary or dividends from your company to maximise tax efficiency. What steps must you take to ensure payment
falls in the right tax year?
Published 04.03.2019
New rules mean that in most situations directors and employees will have less time to reduce or prevent a taxable benefit in kind arising by paying towards its cost. What do you need to know?
Published 31.03.2017
The director shareholders control a company’s dividend payments but the rules that determine when they are taxable vary depending on the type of dividend. How can you ensure they are taxed at the
right time for maximum efficiency?
Published 22.09.2020
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
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
You’re renewing the company’s PCs. One of them is less than three years old and far more up to date than your current home computer. If the company gives it to you, what tax charges will arise and
can you reduce them?
Published 28.04.2017
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