Salary Versus Dividends & Other Tax Efficient Profit Extraction Strategies 2017/18 - Nick Braun

Publication date: May 2017 - Plain English guide with dozens of examples and tax planning tips.

Now in its 17th edition, Salary versus Dividends is essential reading for ALL company owners and directors.

It tells you everything you need to know about paying yourself the most tax efficient mix of salary and dividends.

The guide also contains fully updated information on the best alternative profit extraction techniques:

• Directors loans - How they can be used to defer tax for an extra two years and sometimes to avoid tax altogether.


• Pension contributions - Why company pension contributions are better than dividends.


• Rental income - Why rent is now better than dividends in many cases.


• Interest income - How company owners can pay themselves up to 6,000 tax-free.


• Company cars and motoring costs.

These alternative techniques have become a lot more attractive following the recent increase in dividend tax rates.

There's also new information on splitting income with your spouse and children, and how to pay less tax when you wind up your company.