Tax Planning Idea - Dividends v salary?

Tax Planning Idea - Dividends v salary?

Dividends v salary?

It is generally more tax efficient for shareholders to take a small salary with the remainder as dividends rather than receiving all their remuneration as salary. There are various factors to be considered in this regard, for example if your business carries out R&D this can have an impact, so advice should be sought.

As always, the key to successful tax planning is to seek advice as early as possible.

If you would like more information, or would like to discuss your tax affairs in more detail, please don't hesitate to contact our Tax Partners, Steve Crompton or Lucy Williams, on the details below:

 

 

Steve Crompton

Partner – Head of Tax

direct dial: 01942 292541

mobile: 07790 840394

email: steve.crompton@jsllp.co.uk


Lucy Williams

Tax Partner

direct dial: 01942 292543

mobile: 07807 053494

email: lucy.williams@jsllp.co.uk


 

 

 

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