What are you proposing as options to one man bands ltd in terms of payroll assuming usual tax code for 2015-2016?
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Salary v dividends
We have been using Finansol Tax Calculators for salary v dividend decisions. Saves us a lot of time ploughing through the calculations ourselves. We type in the company profits, a salary figure and a dividend figure and the spreadsheet then shows us all taxes payable and, most importantly, the optimum salary/dividends for the least tax. Nice piece of software.
P.S. No connection to me, but credit where credits due.
thank you - glad you are finding them useful
2015/2016 Calculators all updated and ready!