Directors • Tax planning
Profit Extraction Planning for Directors in Haywards Heath
How you take money out of your company can make a big difference to your tax bill. We plan your salary, dividends, pension contributions and benefits each year using your real figures.
- Salary: set at the most efficient level
- Dividends: timed and documented properly
- Pensions: company contributions considered
- Every year: reviewed as the rules change
What we look at
Director's salary
The most tax-efficient salary for you, taking National Insurance and the Employment Allowance into account.
Dividends
How much to take and when, with the board minutes and dividend vouchers prepared properly.
Pension contributions
Company pension contributions can be one of the most efficient ways to extract profit.
Family and benefits
Whether a spouse's shareholding, company cars, home office costs or other benefits make sense for you.
How it works
- We review your company profits and your personal income
- We model the options side by side, showing the total tax for each
- We agree a plan and set up payroll and dividends to match
- We review it each year and when the tax rules change
Try our salary and dividend tax calculator or read our dividend strategy guide for directors. For your company's accounts, see our limited company accountants page.
Local advice from people who know your company
We already prepare accounts and tax returns for directors across Haywards Heath and Mid Sussex, so your plan is based on your actual numbers, not a generic example. Meet us at Delta House on Bridge Road, or online.
Key figures for directors (2026/27)
| 2026/27 | |
|---|---|
| Personal Allowance | £12,570 |
| Dividend allowance | £500 |
| Dividend tax rates | 10.75% basic, 35.75% higher, 39.35% additional |
| Employer NI | 15% on salary above £5,000 |
| Employee NI | 8% on salary above £12,570 |
| Employment Allowance | Up to £10,500, but not for a company whose only employee paid above the threshold is a director |
| Corporation tax | 19% to 25%, with marginal relief between £50,000 and £250,000 |
| Pension annual allowance | £60,000 (tapered for very high earners) |
Salary and dividend comparison
Compare two common ways to pay yourself
For more options, use our full salary and dividend tax calculator.
Profit extraction FAQs
- What is the best salary for a company director?
- It depends on your other income, whether your company can claim the Employment Allowance, and your plans for pensions. We calculate the right figure for you each tax year.
- Are dividends always better than salary?
- Not always. Dividends avoid National Insurance but are paid from taxed profits. The best mix depends on your figures, which is why we model it.
- Can my company pay into my pension?
- Yes. Employer pension contributions are often tax efficient for both you and the company, within the pension rules.
Pay yourself more tax-efficiently
Book a free consultation with our Haywards Heath team.
This page is general information, not personal tax advice.