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
A subscriber is the main shareholder of a company and his spouse owns the remaining shares. They each receive dividends but our subscriber wants to know if it will be tax efficient for the company to
also provide shareholder benefits?
Published 08.07.2021
The holy grail of tax planning for owner-managed businesses is to keep tax low during the trading years, and when the time comes get your money out as efficiently as possible. Here’s one idea that
might work for you.
Published 15.10.2009
A business associate says he gets a tax break by getting his company to pay a pension contribution for his spouse who’s currently not working. Is this something you should be considering?
Published 05.07.2023
You’re leaving profits in your company to accumulate with a view to eventually winding the business up and taking the profits as a capital amount. But might you save tax by extracting them as pension
contributions?
Published 06.01.2022
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
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
Dividends are usually the most tax-efficient way to take income from your company, but not always. In what situations should you think about taking salary or a bonus instead?
Published 20.03.2012
As a rule of thumb, dividends are the most tax-efficient way to extract profit from your company. However, company and personal circumstances can change that. Are pension contributions worth
considering too?
Published 07.01.2021
The end of the tax year is approaching and you want to make full use of the 8.75% tax rate that applies to dividends. How can you work out how much dividend you can take and ensure its payment before
the tax year ends?
Published 20.02.2024