Paying Yourself from Your Limited Company | UK Tax Tips & Common Mistakes

💰 How to Pay Yourself from Your UK Limited Company 💰

Figuring out the best way to pay yourself as a small business owner can be confusing—but getting it right can help you reduce Corporation Tax and keep more of your hard-earned money.

In this video, I break down:

✔ How to pay yourself efficiently through salary and dividends.

✔ How to legally reduce your Corporation Tax and optimize your pay structure.

✔ Common mistakes business owners make when withdrawing money from their companies.

✔ A tax breakdown for different income levels – £40k, £50k, and £100k.

By the end of this video, you'll have a clear understanding of how to structure your pay, stay compliant with HMRC, and avoid common pitfalls.

Got questions? Drop them in the comments, and don’t forget to like & subscribe for more tips on managing your business finances!

🔔 Disclaimer:

This video is for informational purposes only and should not be considered financial, tax, or legal advice. While I strive to provide accurate and up-to-date information, everyone's financial situation is different. Please consult a qualified accountant or financial advisor before making any financial decisions related to your business.