REMUNERATION PLANNING
Timing a director’s bonus tax efficiently
Your company has made a decent profit this year and the directors want to pay themselves a bonus. To get an early tax deduction, these must be paid within a specified time, but this will trigger large PAYE bills. How can you defer these?
Access to this part of
Tips & Advice Business Database is only available to subscribers.
Don't have a subscription?
Subscribe now for immediate access to all the features.
Subscribe