How we saved a Barnet consultant £4,600 a year
Client B is an independent management consultant in Barnet working through a limited company on long engagements with two large clients. Their old accountant ran a default salary and dividend split, never discussed pension contributions, and had not flagged that they were drifting into the £100,000 personal-allowance taper.
Outcome: We modelled the salary, dividend and employer-pension mix around the £100,000 threshold, kept their adjusted income below the taper, and used the company pension as a deduction. Combined saving of about £4,600 a year and a far more efficient way of taking money out of the company.