How To Pay Yourself As a LIMITED COMPANY - Directors Salary - DIVIDENDS vs SALARY UK 2021/2022

BEST WAY TO PAY YOURSELF As a LIMITED COMPANY 2021/2022 - 3 SCENARIOS - i) DIVIDENDS vs SALARY UK ii) Pension vs Dividend vs Salary iii) Salary ONLY. Learn the most TAX EFFICIENT Director's Salary to pay yourself. Download FREE Spreadsheet used here: https://thehumblepenny.com/DVS

This video is PART 2. The introductory PART 1 (Dividends vs Salary for Full Time Employees in a Job vs Limited Company Directors) is here:

https://youtu.be/nyT26n4H-Yg

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I'm married to Ken and we have two boys aged 6 and 4. I'm a Londoner, born in Hackney! :)

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I'm a husband to Mary and daddy first and foremost.

Former CFO by day with over 12 years experience in the investment business. I'm a Chartered Accountant and hold an MBA from Cambridge University.

To explore my creativity, I'm a blogger, youtuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant.

I have a passion for all things Personal Finance, Business and Personal Development. I also love Photography, Music, Travel, and Sport.

We became Financially Independent aged 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc.
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★★ TIME STAMPS ★★

0:00 - Intro and Who Should Watch This
0:45 - 3 Scenarios For This Video (Very Important!)
3:04 - Agenda of 7 Things You MUST Look At First!
3:49 - CORPORATION TAX (what you need to know)
4:54 - ALLOWABLE EXPENSES (what you need to know)
6:53 - COMPANY PENSIONS (why this is important)
8:44 - INCOME TAX (key changes, rates & thresholds)
10:16 - NATIONAL INSURANCE (why you need to look at this first)
14:36 - DIVIDENDS (allowances, rates & thresholds)
17:12 - Suggested TAX EFFICIENT Director's Salary for 2021/22
18:57 - Scenario 1: DIVIDENDS + SALARY
22:46 - Scenario 2: PENSIONS + DIVIDENDS + SALARY
24:58 - Scenario 3: SALARY ONLY
27:28 - COMPARE: Scenario 1 vs Scenario 2 vs Scenario 3
29:25 - Final things to consider on this journey
Best, Ken and Mary

#dividends #dividendvssalary #limitedcompany

★★ WHAT THIS VIDEO IS ABOUT★★

How To Pay Yourself As a LIMITED COMPANY - Directors Salary - DIVIDENDS vs SALARY UK 2021/2022

Видео How To Pay Yourself As a LIMITED COMPANY - Directors Salary - DIVIDENDS vs SALARY UK 2021/2022 канала The Humble Penny