Tax Tip – Tax efficient salary 2024/25

A tax efficient salary for director/shareholders has always depended on your personal circumstances but, for most people, it mainly depended on whether our clients had spare Employment Allowance or not. Now that corporation tax rates have increased and national insurance rates have fallen there are far more things to consider and we will no longer publish a generic rate.

The good news is that we will soon be releasing an app so that you can work out the best rate for yourself. Please let us know if you would like to be informed when this is available.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.