Tag Archives: salary

Salary vs Dividends: What’s the Best Way to Pay Yourself as a Business Owner now.

salary v. dividend

The long-standing question of whether to take income as a salary, dividends, or a mix of both has become more complex with recent tax changes introduced for the 2025–26 financial year.  The changes announced in the Autumn Budget has now changed the mix a bit. So, what’s the best way to pay yourself as a […]

Things to watch out for when calculating minimum wage

minimum wage

Last month, HM Revenue and Customs (HMRC) released the first update from their National Minimum Wage (NMW) promotion team. Going forward, they plan to provide quarterly updates on certain things to watch out for when calculating the minimum wage. You should sign up for the employer bulletins.   Why is it important to get the […]

The best ways to take money out of your company.

taking money out of your company

What are the best ways to take money out of your company?  This is the most common question asked by many clients. You choose to operate your business as a limited company for various reasons.  One of the top reasons is normally so that you can have protection under “limited liability” and the other is […]