01782 744144

Category: Income Tax

Salary vs dividends: The best way to extract profit in 2025/26

Salary vs dividends: The best way to extract profit in 2025/26

If you trade as a limited company, then you will likely know that balancing salary and dividends is key to extracting profit from your company in the most tax-efficient way. Both methods have distinct implications. and the right mix will depend on your specific circumstances. The Autumn Budget, with its changes to employers national insurance rates and the employment allowance has further complicated the picture.

Read More »
9th December 2024
Why staying up-to-date with your accounts is essential: Lessons from a recent insolvency case

Why staying up-to-date with your accounts is essential: Lessons from a recent insolvency case

In a recent court case, a company director from Bury was sentenced to prison for failing to comply with basic accounting and legal responsibilities. Vezubuhle Ndlovu, the former director of VN Electrics Limited, was jailed for 10 months after he failed to provide the required records when his company went into liquidation, leaving over £200,000 in unpaid taxes. This case serves as a stark reminder of the consequences for businesses that do not prioritise accurate accounting, particularly when dealing with financial and tax obligations.

Read More »
4th November 2024
Red pen next to a white envelope with the words "Income Tax"

Income Tax

The Chancellor has committed to reduce the basic rate of income tax from 20% to 19%, but not until 6 April 2024. Note that the Scottish

Read More »
23rd March 2022

Google Reviews

Leave us a Google review!
DPC Accountants

DPC Accountants, part of the SUMER Group, draws on the expertise of specialist strategic partners to provide high quality, current and bespoke business advice and tax planning solutions.

Get in touch: 01782 744 144

ICAEW Chartered Accountant
SAGE Gold Accountants
Quick Links
Contact Us
 

DPC Accountants
Stone House,
55 Stone Road Business Park,
Stone Road, Stoke-on-Trent,
Staffordshire, ST4 6SR.

Facebook Instagram Linkedin X-twitter Youtube
DPC Accountants

© 2018-2024 DPC Accountants, part of the SUMER Group

. All rights reserved. 

Sumer Privacy Policy | Terms & Conditions | Disclaimer | Cookies Policy

In accordance with the disclosure requirements of the Provision of Services Regulations 2009, our professional indemnity insurers are AXA Insurance UK Plc, 20 Gracechurch Street, London, EC3V 0BG. The territorial coverage is worldwide excluding professional business carried out from an office in the United States Of America or Canada and excludes any action for a claim brought in any court in the United States Of America or Canada. Our professional indemnity insurance does not provide cover for claims arising from referrals by DPC to promoters of tax mitigation schemes that fall in to DOTAS or the Disguised Remuneration rules.

Site Credits

SERVICES

ABOUT US

WORK FOR US

SEARCH

ACCOUNTANCY & MANAGEMENT INFORMATION

AUDIT & ASSURANCE

Tax

Hmrc Enquiries Support & Protection

  • HMRC Enquiries Overview
  • Support
  • Protection

TAX PLANNING

  • Tax Planning Overview
  • Corporate Tax Planning
  • Personal Tax Planning
  • Inheritance Tax Planning

SPECIALISMS

  • Commercial Finance
  • Corporate Finance
  • Estate Planning
  • Pension Solutions
  • Research and Development Tax Credits
  • Specialist VAT Advice
  • Tax Due Diligence