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This video is PART 2. The introductory PART 1 (Dividends vs Salary for Full Time Employees in a Job vs Limited Company Directors) is here:
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★★ ABOUT US ★★
MARY:
I’m married to Ken and we have two boys aged 6 and 4. I’m a Londoner, born in Hackney! 🙂
Day to day, I run the operations of The Humble Penny as a creative – doing everything from marketing to video editing. I studied Multi-media design and technology at Uni.
When I’m not creating, I love vegan food, traveling, working out and doing some outdoor fun things with my husband and kids 🙂
KEN:
I’m a husband to Mary and daddy first and foremost.
Former CFO by day with over 12 years experience in the investment business. I’m a Chartered Accountant and hold an MBA from Cambridge University.
To explore my creativity, I’m a blogger, youtuber, speaker, etc. I create from my experiences as a family man and First Generation Immigrant.
I have a passion for all things Personal Finance, Business and Personal Development. I also love Photography, Music, Travel, and Sport.
We became Financially Independent aged 34 and our story has been featured on the BBC, ITV, Financial Times, The Sunday Times, etc.
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Massive thanks for watching and following our channel 🙂 ♥
★★ TIME STAMPS ★★
0:00 – Intro and Who Should Watch This 0:45 – 3 Scenarios For This Video (Very Important!) 3:04 – Agenda of 7 Things You MUST Look At First! 3:49 – CORPORATION TAX (what you need to know) 4:54 – ALLOWABLE EXPENSES (what you need to know) 6:53 – COMPANY PENSIONS (why this is important) 8:44 – INCOME TAX (key changes, rates & thresholds) 10:16 – NATIONAL INSURANCE (why you need to look at this first) 14:36 – DIVIDENDS (allowances, rates & thresholds) 17:12 – Suggested TAX EFFICIENT Director’s Salary for 2021/22 18:57 – Scenario 1: DIVIDENDS + SALARY 22:46 – Scenario 2: PENSIONS + DIVIDENDS + SALARY 24:58 – Scenario 3: SALARY ONLY 27:28 – COMPARE: Scenario 1 vs Scenario 2 vs Scenario 3 29:25 – Final things to consider on this journey
Best, Ken and Mary
#dividends #dividendvssalary #limitedcompany
★★ WHAT THIS VIDEO IS ABOUT★★
How To Pay Yourself As a LIMITED COMPANY – Directors Salary – DIVIDENDS vs SALARY UK 2021/2022 source
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