change in income tax taxable bands

[NotAllThere]

As MD, you should sack yourself for not knowing that, as FD.

Perhaps you could then sue yourself for unfair dismissal. Or maybe make the FD redundant.

[chef]

Ahhh good point,

oh dear, I am going to be dissappointed with myself when i have my "annual pay review",

luckily i own 100% shares in a very generous company who gives excellent dividends so it's not all bad

[Moscow Mule]

With the upcoming change in personal income tax and the lowering of basic rate to 20%

is there any benefit in paying myself just above minimum wage anymore?

wouldnt it be just as beneficial to pay myself something around £35k or have I missed something?

NI?

[Ruprect]

Have you factored in NICs?

[chef]

With the upcoming change in personal income tax and the lowering of basic rate to 20%

is there any benefit in paying myself just above minimum wage anymore?

wouldnt it be just as beneficial to pay myself something around £35k or have I missed something?