Tag Archives: Financial planning advice

Salary, Bonus or Dividends – Which is the best to pay yourself?

Tax rates change regularly, so it is wise to regularly check whether it will be cheaper for your company to pay a dividend rather than a salary. Recent changes mean that: The personal tax allowance has increased to £8,105 as have the lower limits for National Insurance bands. To preserve entitlement to state benefits pay a salary between £107 and £144 per week, this also avoids Employers NICs.

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