Salary versus Dividends: How to Extract Company Profits and Cut Your Tax Bill by Thousands

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9781904608837: Salary versus Dividends: How to Extract Company Profits and Cut Your Tax Bill by Thousands

This unique tax guide explains how you can extract funds from your company in the most tax efficient way, by choosing the optimal mix of bonus, salary and dividends. It is essential reading for anyone who runs a business through a limited company. Subjects covered include a plain English guide to corporation tax, how salaries and dividends are taxed, the trade off between your tax bill and your company's tax bill, when a dividend will save you more tax, when a salary/bonus will save you more tax, choosing the optimal mix of salary and dividends for YOU, using your spouse for further tax savings, how to avoid paying too much national insurance, and the third way: capital growth through reinvesting profits.

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Bayley, Carl
Published by Taxcafe UK Limited (2008)
ISBN 10: 1904608833 ISBN 13: 9781904608837
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