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29 February 2016

Tax efficient benefits in kind: Even better once dividend tax arrives

on Monday, 29 February 2016.

Changes to the Employment Allowance are likely to increase the number of company owners for whom the optimum Director's salary level will be equal to the NIC threshold.

In this month’s Tax Tip we take a look at how benefits in kind of up to £2,940 per annum could be tax-free for those earning a salary at the NIC threshold level.

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KRW Accountants
The Mill, Pury Hill Business Park
Alderton Road, Towcester
Northants, NN12 7LS

phone01327 810373

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