This unique tax guide reveals how company directors can save thousands in tax by choosing the best mix of salary, bonus and dividends. Other options, like directors loans, have recently opened up, giving company directors the chance to make massive tax savings through the timing and structure of their pay. This guide shows you how to reduce ALL the taxes you face as a company owner: income tax, national insurance, corporation tax and capital gains tax. It is essential reading for anyone who runs a limited company. It is also essential reading for sole traders and partnerships who want to know how much tax they can save by setting up a company. The book contains all tax changes announced in the most recent Budget and tells you exactly what to do in almost every situation, including the best strategies for directors with spouses, partners, or children; the best strategies for family companies; and the best strategies for those who want to reinvest profits and grow their company.
Carl Bayley BSc ACA is the author of some of Taxcafe's most popular tax guides, including How to Save Property Tax, How to Save Inheritance Tax and Using a Property Company to Save Tax.
He is a member of the governing council of the Institute of Chartered Accountants in England and Wales.
Carl is also vice chairman of the Tax Faculty at the Institute of Chartered Accountants and a regular contributor to newspapers such as The Times and The Telegraph, as well as TV and radio programmes such as BBC Radio 2's Jeremy Vine Show.