Shaz has helped us to not only save money but also make money

Jon Boys

Managing Director, The VA Partnership Ltd

Salary vs Dividends

Our job is to ensure your business is working well for you, and when setting up your own company it can be tricky to understand whether you should be taking a salary or dividends. Luckily for you we’re experts and can advise you on what you should be doing.

We’ll look at you and your business to help find you a solution that works the best for you and your circumstances. There is no one size fits all approach, so after taking a look at your business and current tax position we will make our recommendations.

We’ll work out the most tax efficient option for you and advise you on which option you should take. Many business owners choose to pay themselves a small salary and take the rest as a dividend from their company, however this is dependent on a number of factors.

We consider the following when advising you on salary vs dividends:

• Review of current tax position, including tax liability
• Assessment of how best to extract monies from your business
• Tax efficient remuneration planning
• Advice on compliance management
• Payroll services

For more information on how we can help you, please do not hesitate to contact us.