Skip to main content
JMP Business Consultants

Business guides

Director remuneration: salary and dividends

How company directors take money from their business affects both personal and company tax. An overview of the main considerations.

· JMP Business Consultants

This content is general information only and is not advice. Please contact us to discuss your specific circumstances.

The main options

Directors who are also shareholders commonly take a combination of salary and dividends. Each is taxed differently and has different implications for the company.

What influences the right mix

Relevant factors include:

  • Company profits and available reserves
  • Your other income
  • National Insurance and pension considerations
  • Other shareholders and long-term plans

Relevant services

Tax Advisory

Practical, considered tax advice designed around your circumstances and objectives.

Explore tax advisory

Accountancy & Compliance

Reliable accounting and tax compliance for businesses and individuals.

Explore accountancy & compliance

Related articles

Property tax ·

Should you hold investment property personally or through a company?

There is no universal answer. This guide outlines the questions worth asking before choosing how to hold investment property.

Read article

Making Tax Digital ·

What landlords need to know about Making Tax Digital

Making Tax Digital for Income Tax changes how many landlords keep records and report to HMRC. Here is an overview of what to check.

Read article

International tax ·

Understanding UK tax residency

Your residence status shapes what you pay UK tax on. An introduction to how UK tax residency is determined.

Read article

Have a question about your own situation?

General guidance can only go so far. Speak to us about your circumstances.

Speak to an adviser