A Contractor’s Guide to Choosing a Tax Efficient Salary 2022/23
As a director of your own limited company, you need to decide how you wish to extract funds from your company. This will include annually reviewing the level of salary you wish to pay yourself. As your accountant, we cannot tell you what to pay yourself but we can make sure you have all the information you need to hand. The salary you set will affect your Income Tax and National Insurance payments so it’s important you understand all the implications.
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