Salary Vs Dividends Whats Better For Limited Company Directors FI

Salary vs dividends: What’s better for limited company directors?

Dividends, Limited Company, TaxLeave a comment

As a director of a limited company, you have the option to decide how and when you extract funds from your company. There are a few different options available, and the route you choose will entirely depend upon your income and circumstances. However, most directors draw money out of their company in salary, dividends or a mixture of the two. We’ve put together a short article to help you discover which option may be beneficial for you.

Kaye Adams Wins Her Long Running IR35 Case After Tribunal Dismisses HMRC's Appeal FI

Kaye Adams wins her long-running IR35 case after Tribunal dismisses HMRC’s appeal

IR35, Private Sector, Umbrella Company1 Comment

The Loose Women host was facing an estimated £124,000 tax bill for contracts held with the BBC between 2015 and 2017, with HMRC arguing that Adams was not a freelancer and should have been operating inside IR35. However, the Upper Tier Tribunal upheld the original decision, made by the First-Tier Tribunal in 2019, which found Adams to be working outside of IR35.