Budgets & Other

Optimum Director Salary

What’s the Optimum Director’s Salary and Dividends in 2020/21?

The Optimum Director Salary 2020/21 will be £8,788 per annum, or £732 per month, or £169 a week. For most owners, this is the most tax-efficient rate to pay themselves. If you work with your own limited business, one of the key things of your tax preparation will be to guarantee that you pay the maximum wage and dividend rates for yourself.

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government financial support

How To Access Government Financial Support – COVID19

On 17 March, the Chancellor announced an unprecedented package of government-backed and guaranteed loans to support businesses, making available an initial £330bn of guarantees – equivalent to 15% of GDP. This was on top of a series of measures announced at Budget 2020, the government announced £30 billion of additional support for public services, individuals

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Spring Statement 2018

Spring Statement 2018

Summary   Chancellor Philip Hammond said it would be a short, snappy affair while delivering government’s first Spring Statement to House of Commons. This was indeed to be the case – it took just 30 minutes to cover the key points. The statement focused on the latest forecasts for the economy and the public finances

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