How we saved a Horsham company director £13,800 through proper structure and pensions
Client B runs a successful Horsham-based consultancy through a Ltd company, taking a high salary out of habit which triggered significant NIC, with no dividend planning and no pension contributions. His previous accountant hadn't reviewed the remuneration structure as the company grew, nor considered bringing his spouse into the business for her genuine part-time role.
We restructured everything. We moved him to salary at the NIC-optimal level with the balance as dividends, set up substantial employer pension contributions (tax-deductible, using carry-forward of unused allowance), and brought his spouse in as a shareholder and employee reflecting her genuine part-time role, using her personal allowance and basic-rate band.