Upcoming changes to company car tax, particularly to the Benefit in Kind (BiK) rules, are set to make some vehicles much less attractive to businesses signing up for new cars and fleets in 2025. With BiK rates confirmed up to 2029/30, you’ll need to consider how these changes affect the cost over any new vehicles’ lifetimes. […]
The most tax-efficient limited company director’s salary for 2024/25
April 4, 2024 – 10:20 am
As we head into a new tax year, we’ve been doing our homework in the background as usual to come up with the best strategy for directors’ salaries. We work on the basis of making the most of your tax allowance and taking account of things like changes in the dividend allowance and impact on […]