X

Sign Up

or

By signing up I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Sign Up

Sign Up With Facebook, Twitter, or Google

or


By signing up, I agree to Property Tribes Terms and Conditions


Already a PT member? Log In

Log In

or


Don't have an account? Sign Up

Forgot Password

To reset your password just enter the email address you registered with and we'll send you a link to access a new password.


Already a PT member? Log In

Don't have an account? Sign Up

  • Tax

    Benefits of limited company for property

    If you look on Utube there are quite a few vids on the extraction of Profits via a company

    The opinion seems to be a mixture of both salary and dividends should be used

    0
    0

    Learn Change and Adapt ?????

    Hi Kay

    What I say to all my clients is how much income do you need each year? From then you can work out the best way to get there and paying the least tax in the process.

    Your example above does not give me any information I can use to help you with your situation, you are correct about the dividend rate at 32.5 % above £2,000.

    Unfortunately every client is different and what seems correct for some is not necessarily correct for others because each person as different goals and aspirations for their wealth and income.

    Sorry I can not help further, I would need you to be my client to spend time looking into the next 5 years tax situation.  When I started out on my own I did contracting to keep regular income while I grew the business, within 21 months I am self sufficient.  So I understand what you mean and how you would like to go.

    Many thanks

    Wayne




    0
    0

    Wayne Ashcroft

    Accountant | Wayne Ashcroft Limited

    Tel: 07828 882400 | Email: wayneashcroft69@outlook.com