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’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
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
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
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
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
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
Usually, the total NI bill on benefits in kind is less than that for an equivalent amount of salary. However, in some circumstances the position is reversed. In what situation can this work in your
favour when planning your remuneration?
Published 30.11.2022
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