Remuneration Planning using your 20:20 Innovation Tools

Objectives

Ensure that delegates are aware of tax issues to consider when advising shareholders of limited companies on how to extract their profits in the 2024/25 tax year, with a particular focus on salary/bonus and dividends.

Be able to make good use of the relevant 20:20 Innovation platinum member tax tools to be able to efficiently analyse the tax consequences of the salary v dividend decision.

Key topics

This short webinar will consider:

• The various ways in which shareholders may be able to extract profits and the subsequent tax issues arising.
• The Excel tools that 20:20 Innovation platinum members have access to to quickly compare the tax cost of salary and dividends.
• Good dividend (and client!) management.
• An overview of risks around dividend waivers and alphabet shares, including the settlements legislation.

Please note that Scottish income tax rates will be discussed but not be factored into the calculations undertaken in this webinar.

Who should attend

Tax practitioners who advise shareholders on profit extraction.