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...
Autumn Budget 2024 Summary
Posted on November 2, 2024Autumn Budget Summary Here is a summary of the main changes announced in the Autumn Budget. We have focussed on the issues that we believe are most relevant to our clients. INDIVIDUALS CAPITAL GAINS TAX For disposals on or after 30 Oc More...
High Income Child Benefit Charge
Posted on March 20, 2024In the 2024 Spring Budget the Chancellor announced changes to the High Income Child Benefit Charge ("HICBC") from April 2024. The threshold, that this charge applies to, was raised from £50,000 to £60,000 and the taper will apply from £60,000 to £ More...
Upcoming Tax Changes for the 2024/2025 Tax Year
Posted on March 20, 2024Here is a summary of the main changes announced in the Spring Budget 2024, together with changes announced previously: NATIONAL INSURANCE From 6 April 2024 the employee class 1 NIC will be reduced from 10% to 8%. Note the employer class 1 NIC rema More...
What is the most tax efficient remuneration strategy for directors in the 2022/2023 tax year?
Posted on March 10, 2022This article has been updated following the announcements in the Spring Statement on 23rd March 2022. Changes in 2022/23 affecting the remuneration strategy for directorsThere are some changes for the 2022/2023 tax year which starts on 6th April with More...
