Why is £12,570 the magic figure for astute directors in 2024/25?
🌟 Take Home Your Salary Sans Income Tax – More money, zero worries!
🌟 Navigate NI Contributions Like a Pro – Enhance your future, no extra cost!
Quick Facts:
– Pocket Up To £12,570 Without Paying a Penny in Tax!
– Maintain at least £6,396 for full state pension credits.
– Skip employee NI and stay mindful of the £9,100 company NI limit.
£12,570: One size might not fit all – Pause for Thought. 🤔
– Directors with varied income sources or pre-retirement plans, this might not be right for you.
– Running a high-profit venture? Opting for a bigger paycheck could trump dividends.
Curious? 🕵️♂️ Time for expert advice! Customise your director’s salary to fit your financial story for a thriving, tax-savvy new year!
Get in touch with us now to discuss further