Corporation Tax

Is your company paying the full rate of Corporation Tax? If so, it can be very difficult to give remuneration to Directors, tax efficiently. Conventional salaries are very expensive in terms of National Insurance Contributions whilst dividend structures do not give the benefit of effective marginal rate tax relief.

If this is a problem that you have, why not consider running a Partnership or Sole-Trader business in parallel with the company.

If you would like some help or assistance on this please contact us.