No matter whether you are the director of a company or you are the kind of individual who is interested in business investments. It is recommended to be aware of the possible ways to know the tax calculations on your dividends or what can be the better method to pay the salary or dividends to […]
Calculating Your Dividend Tax Bill Read More »
In an alphabet share structure, each shareholder has a different class of share. For example, one shareholder may have A ordinary shares, another B ordinary shares, another C ordinary shares, and so on. The benefit of an alphabet share structure is that it provides the flexibility to tailor dividends to take account of the shareholder’s
Is An Alphabet Share Structure Still Worthwhile? Read More »
The dividend allowance is available in addition to the personal allowance. It allows all taxpayers regardless of the rate at which they pay tax to receive dividends up to the level of the dividend allowance free of any personal tax. This is in addition to any dividends sheltered by the personal allowance which are also
Reduction in the Dividend Allowance Read More »
You all aim to pursue the dream to reduce your tax bills. For this purpose, there are several smart ways that can really help with getting tax relief in the UK. Regardless of whether you carrying the activities of small or large businesses or are associated with self-employment, this can be a useful read to
How to Reduce Your Tax Bills? Read More »
Where a business is operated as a family company, it is necessary to extract the profits from the company in order to use them outside the company for personal use, such as to meet living expenses. Extracting profits may trigger further tax and National Insurance liabilities, and when formulating a strategy, it is advisable to
Take Advantage of the Dividend Allowance Read More »
Dividends have their own tax rules and their own rates of tax. The rules and the rates apply in the same way regardless of whether the dividends are paid from your personal or family company as part of a profit extraction strategy, or whether they represent investment income on shares. As part of the Government’s
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