Remuneration Planning
OUR REMUNERATION PLANNING SERVICE
Every business’ income needs are different and it is important that this is reflected in your remuneration planning.
It is vital when running your business that you structure the extraction of your profits effectively but, equally as important is the provision of a tax efficient remuneration scheme which will help you to attract and retain staff.
The remuneration tax experts at Henry Thomas will review your remuneration strategy upfront, and then at regular intervals. We’ll identify the most efficient approach to profit extraction and update it as both your circumstances and legislation change.
CONTACT US TODAY
HOW OUR REMUNERATION PLANNING SERVICE CAN HELP YOU:
There are a number of ways in which you can plan for remuneration.
Through careful consideration of options such as extraction by way of dividend you can maximise your tax efficiencies. Equally, you will require detailed planning if you are to meet your obligations for ongoing National Insurance contributions, national minimum wage regulations and tax liabilities, whether this is through PAYE or by self-assessment.
Our team has a wealth of experience in remuneration planning. We will take the time to understand your business so that we can identify ways in which you can maximise any available tax reliefs and Government approved schemes, whilst ensuring that you are meeting your obligations to both HMRC and your staff.