Small business owners!

Are you actually paying yourself, or just taking what’s left at the end of the month?

One of the biggest financial planning mistakes small business owners make is not budgeting for their own income. If your pay changes month to month, it’s time to build it into your forecast properly.

Plan ahead for your director’s salary and dividends for 26/27.

Understand dividend tax rates, income tax and the most tax-efficient split.

For more info, check out the latest article on the FSB website

https://go.fsb.org.uk/DirectorSalaryDividends

Find out more about FSB

The Federation of Small Businesses