£5000 salary and dividends still??

Posted by AccountingWEB PM | on Tue, 17/04/2007 - 12:59 7153 29 comments | report

My query basically just centres on whether a lot of directors are still having this low salary with regular dividends. I believe that this still seems to be favourable from a tax point of view for profits under £300k but just concerned about the commerciality of a low salary. Is this an area that the Revenue could argue is too low and stipulate that salary must be higher?

Thanks for any help
david

Comments

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Don't Volunteer Nicholas

AnonymousUser | Tue, 17/04/2007 - 16:15

very few

AnonymousUser | Tue, 17/04/2007 - 13:55

Yes

Euan MacLennan | Tue, 17/04/2007 - 14:18

Yes but

MarionMorrison | Tue, 17/04/2007 - 14:31

.

Anonymous | Tue, 17/04/2007 - 14:33

Changing times...continued

wfewtrell | Wed, 18/04/2007 - 13:55

There is no problem

Ken Howard | Tue, 17/04/2007 - 17:00

Changing from salary to divs?

La BoIS Saint | Tue, 17/04/2007 - 22:12

The budget increase in CT ..

AnonymousUser | Wed, 18/04/2007 - 11:15

Agreed

stephenkendrew | Wed, 18/04/2007 - 12:52

Perhaps times are a'changing!

wfewtrell | Wed, 18/04/2007 - 13:52

Changing times....last post...honest!

wfewtrell | Wed, 18/04/2007 - 13:58

Tax & NIC's will be merged ..

AnonymousUser | Wed, 18/04/2007 - 14:35

very unlikely

AnonymousUser | Wed, 18/04/2007 - 19:01

NI is a tax

AnonymousUser | Thu, 19/04/2007 - 07:56

Where does the law say only 2 dividends per year?

Ken Howard | Thu, 19/04/2007 - 16:29

Watch for signs

MarionMorrison | Thu, 19/04/2007 - 10:45

Ding a ling

Anonymous | Thu, 19/04/2007 - 12:47

Combined NIC into Tax is the way they're going

Ken Howard | Thu, 19/04/2007 - 14:47

Just to help them out ...

AnonymousUser | Thu, 19/04/2007 - 15:01

Dividend Period important

tony lecart | Thu, 19/04/2007 - 15:03

Motives to be self-employed?

MarionMorrison | Thu, 19/04/2007 - 16:57

a litle naive, if you ask me

AnonymousUser | Thu, 19/04/2007 - 19:29

Tony (Lawrence)

AnonymousUser | Fri, 20/04/2007 - 09:14

Wifes Wages

chrisowen | Sat, 21/04/2007 - 10:59

Employer's NI

keithas | Fri, 20/04/2007 - 17:32

David - It is the uncertainty

Malcolm Veall | Sat, 21/04/2007 - 10:13

David Cee

Anonymous | Sat, 21/04/2007 - 10:32

Combining Tax and NI

MarionMorrison | Sat, 21/04/2007 - 11:06