Latest News with Business Owners tag

Dividend Tax Changes and Profit Extraction in 2016

13th December 2015

For most company owners, profit extraction simply means salary vs. dividends. There is usually a relatively straightforward way to determine the best salary level, which often ends up being quite low, and pay the rest in dividends.  In April 2016 the math will become less simple and less favourable for most taxpayers.  The dividend tax […]