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Should I pay a salary or dividends?

Dividends provide an opportunity to extract profits in a tax-efficient manner. Extracting profits as dividends Dividends provide an opportunity to extract profits in a tax-efficient manner. As a rule of thumb, it is generally tax-effective to take a salary equal to the primary and secondary threshold for National Insurance purposes or the personal allowance (set […]

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Paying Yourself – The Tax Efficient Way

By owning a company you can choose how to take the profits from your company, and if you make the right choices you can minimise the tax and National Insurance paid by you and the company. This month’s most clicked article had an overwhelming response and we would like to share it with you all. […]