Tuesday, May 21, 2024
Corporation Tax Director Limited Company PAYE

How much salary/dividend? Director and Shareholder in a Limited Company.

It is generally accepted that it is more tax efficient for a director/shareholder to extract profits from a company as a dividend rather than a salary. To optimise your earnings my calculations suggest a 3:1 dividend/salary mix. Tax rates pretty much keep in alignment throughout the tax system be it sole trader, employee, corporation or dividend taxation. There are differences but it is swings […]

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