How we saved a Maidenhead company director £14,600 through proper structure and pensions
Client B runs a successful Maidenhead-based technology consultancy through a Ltd company, taking a high salary out of habit which triggered significant employer and employee NIC, with no dividend planning and no pension contributions. His previous accountant hadn't reviewed the remuneration structure as the company grew, nor explored R&D relief on the development work.
We restructured the remuneration and reviewed the work. 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), reviewed bringing his spouse in as a shareholder for her genuine part-time role, and assessed the company's software development for an R&D claim.