Most Tax Efficient Director Salary and Dividend Strategy for 2026/27
Posted on February 25, 2026Dividends vs salary. For most owner-managed limited company directors, the most tax-efficient remuneration strategy in 2026/27 will usually be: A salary up to £12,570 combined with dividends, adjusted depending on other income, National Insurance po More...
Upcoming Tax Changes for the 2023/24 Tax Year
Posted on March 2, 2023INCOME TAX The rates of 20% (basic)/40% (higher)/45% (additional) will remain unchanged. The thresholds will stay as £12,570 personal allowance and £37,700 the basic rate band BUT the additional rate will decrease from £150,000 to £125,140 whi More...
What is the most tax efficient remuneration strategy for directors in the 2023/2024 tax year?
Posted on March 2, 2023Changes in 2023/24 affecting the remuneration strategy for directorsThere are very few changes for the 2023/2024 tax year which starts on 6th April other than the reduction in the dividend allowance down from £2,000 to £1,000. The personal allowance ha More...
What is the most tax efficient remuneration strategy for directors in the 2019/2020 tax year?
Posted on March 14, 2019Changes in 2019/20 affecting the remuneration strategy for directors The 2019/2020 tax year starts on 6th April and with it comes a number of changes which will have an impact on how, as a director, you extract money from your company. The following cha More...
