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New accountant suggesting lower salary

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    #11
    No worries, you're welcome.

    Lot's of people have thought that the dividend allowance is reducing from this April so a common mistake.

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      #12
      Haven't done the maths yet - how do those figures pan out when you reduce the divvy allowance to £2k? Is it then better to pay the extra NI? (or, erm, employ the wife to do some work)

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        #13
        Originally posted by Willapp View Post
        Don't you mean the other way around? The linked article suggests that solo directors don't qualify for the EA and therefore should take the lower salary to avoid NI contributions?
        Yes, well spotted and thanks for correcting.
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