Directors Pay in the UK

Here in Account-Ease, we understand that the issue of Directors Pay in the UK has to be approached strategically to enable the director to earn as much as possible from his directorship and at the same time ensure efficiency in business. Like in any other limited company, the remunerations are not just the basic wages that may be paid to anyone in that company. You get a chance to reap the services of a combination of salary, dividends and numerous other incentives each of which has it’s own benefits based on the civil and tax situation. It is important to understand leveraging of these components, particularly with respect of taxation, for the sustainability of the application. When it comes to this at Account-Ease, we make sure you are taking the most cost effective decision for your business, in regards to salary and dividends and with consideration to the current tax laws and restrictions given by the HMRC. Apart from such basic factors Directors Pension contributions are a part of tax management. Benefits of pension investments on your company’s part are not only about your future, but they are rather instant in the form of decreased taxable income. This means you can create more wealth towards funding your retirement besides reducing the corporation tax liabilities. As Account-Ease, we have expertise in formulation of pension schemes to achieve individual and company goals and objectives and therefore ensure that pension contributions are not only efficient in tax but also profitable to accumulate wealth. In addition, there is need to understand the current legislation that governs taxation on Directors Pay and Directors Pension contributions. However, to deal with these issues the experts at Account-Ease are always there to advise you on current issues and market changes so that your plans can be modified accordingly. Personalized services that we offer guarantee to the directors convenient financial planning and save their time seeking for the most effective tax-saving tools. Whether you are an inexperienced director who is thinking about possibilities that can help expand your compensation or a director who has been practicing in the field for a number of years and who is looking for tips on how he or she can improve the financial situation of the business, Account-Ease is here to help you through each stage. From structuring your pay and dividends to optimizing your Directors’ Pension, we have solutions that are in touch with what you want for your business and yourself.