One of the more tax efficient ways of reducing a company’s tax bill and increase the amount of money withdrawn at the same time, is by paying salary to a member of the director’s family. This could be the director’s spouse or children at university. Partner Joanne Gibson advises in this article. Another good reason...

Generally speaking, if you are a director shareholder, dividends are the most tax-efficient way to extract profit from your company. However, company and personal circumstances can change that, so are pension contributions worth considering too? Partner and Tax expert Brona MacDougall takes a closer look. Since 2016, the government has introduced a number of measures...

As an alternative to salary or dividends, benefits in kind are a potentially tax-efficient option for directors, especially those of multiple companies. But what’s the advantage and when can you use it? Brona MacDougall takes a closer look. Most tax experts will tell you that dividends are the most tax-efficient form of income for director...