Wimbledon London accountants discussed – Dividend Rules To Stay Safe
Dividends can either cost you money or save you money warns Wimbledon London accountants. Take shortcuts, and they will almost certainly cost you money. Do it right and the principle will save you thousands.
If you own and run your own limited company, then dividends are a key aspect of your reward planning. If you take your income out as salary, HMRC will be ever so pleased, as they will collect far more tax than they deserve.
Dividend planning can put the relationship on the right footing, keeping the money in your bank account, says Gordon D’Silva, Managing Director of award-winning Wimbledon London accountants.
To get it right, you must know what your profits are, and complete the right paperwork.
Our hands-free, hassle-free bookkeeping service makes the whole process seamless.
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All the best
Gordon D’Silva
Gordon D’Silva is an International bestselling author of “Profit Propeller”, An Award-Winning Accountant, and a Speaker. He has developed The Profit Multiplier Program for entrepreneurs within Owner Managed Businesses, and their teams. Committed to results, he holds his clients accountable to their actions and time scales. His no holds barred, and direct approach is his calling card. To find out more about his work, click here.
