You’re a shareholder and director of three companies. You currently take a low salary from each company topped up with dividends. But is this really the most tax-efficient option?
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Naturally, you want to keep as much of your estate as possible from HMRC’s coffers and so increase the amount your beneficiaries will receive. What simple steps can you take now to achieve this?
The amount of tax you pay on your salary depends on your tax code. If it’s wrong you’ll pay too much or too little. For many this can be a temporary issue, for others it can be permanent. What’s the problem and what can you do about it?
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