Salary Versus Dividends How To Extract Company Profits And Reduce Your Tax Bill By Thousands(1st Edition)
Authors:
Carl Bayley
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Book details
ISBN: 1907302298, 978-1907302299
Book publisher: Taxcafe UK Ltd
Salary Versus Dividends How To Extract Company Profits And Reduce Your Tax Bill By Thousands 1st Edition Summary: This unique tax guide reveals how company directors can save thousands in tax by choosing the best mix of salary, bonus and dividends. Other options, like directors loans, have recently opened up, giving company directors the chance to make massive tax savings through the timing and structure of their pay. This guide shows you how to reduce ALL the taxes you face as a company owner: income tax, national insurance, corporation tax and capital gains tax. It is essential reading for anyone who runs a limited company. It is also essential reading for sole traders and partnerships who want to know how much tax they can save by setting up a company. The book contains all tax changes announced in the most recent Budget and tells you exactly what to do in almost every situation, including the best strategies for directors with spouses, partners, or children; the best strategies for family companies; and the best strategies for those who want to reinvest profits and grow their company.
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