Course Details

Tax efficient profit extraction is a key topic for small business owners and something that should be revisited regularly to ensure their tax position is optimised. With the recent changes to national insurance, and the previously announced tax changes that will take effect from the 2024-25 tax year, it is more important than ever to review your clients’ remuneration strategy. This course will provide you with an overview of the changes to be considered and practical calculations and advice that you can use to advise your clients. 

 

In this course Natalie Binstead-Wey covers the following topics:

 

  • Recently announced national insurance changes
  • Previously announced tax changes for the 2024-25 tax year
  • Interaction with increased corporation tax rates
  • Updated salary vs dividend strategies for the 2024-25 tax year
  • Other alternatives to salary/dividends

 

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CPD Course Speaker

BW Business Accountants & Advisers

Natalie Binstead-Wey

Natalie is an ICAEW Chartered Accountant and Chartered Tax Adviser. She has 8 years’ experience working in the corporate tax teams of several Big 4 and Top 10 accountancy practices in Bristol. Natalie now owns her own digital accountancy practice based in Bristol, with a variety of small business and personal tax clients. Natalie has also previously been a Lecturer in Accounting and Finance for UWE Bristol and is a Past President of ICAEW West of England.