Connect with us

Single Parent Side Hustle

Single Parent Side Hustle

How To Pay Yourself As a LIMITED COMPANY – Directors Salary – DIVIDENDS vs SALARY UK 2021/2022


The Lifestyle

How To Pay Yourself As a LIMITED COMPANY – Directors Salary – DIVIDENDS vs SALARY UK 2021/2022

Date: 2021-04-22 07:21:28

×

BEST WAY TO PAY YOURSELF As a LIMITED COMPANY 2021/2022 – 3 SCENARIOS – i) DIVIDENDS vs SALARY UK ii) Pension vs Dividend vs Salary iii) Salary ONLY. Learn the most TAX EFFICIENT Director’s Salary to pay yourself. Download FREE Spreadsheet used here: https://thehumblepenny.com/DVS

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:

★★ POPULAR VIDEOS ★★

5 Work-From-Home SIDE HUSTLE IDEAS That Make Money £500 p/m [UK 2021 EDITION] – https://youtu.be/rTdLWdPS3LM

9 Reasons Some People ALWAYS MAKE MONEY ONLINE (and others don’t) – https://youtu.be/X_FA1nU3dmM

9 BEST Passive Income Ideas for £1000 per month (In 2020) – https://youtu.be/qwn_Gc46ahE

5 Breakthrough Passive Income Ideas – https://youtu.be/FJUKYuo6Oyw

7 Things No One Tells You About Passive Income – https://youtu.be/6Mw0yncGj5Y

21 Passive Income Ideas For A Freedom Lifestyle – https://youtu.be/TIOBlUDtHsc

14 HIGH PAYING SIDE HUSTLES For 2020 To Start Today With Little Money – https://youtu.be/brAvEZCl0ys

How To Invest £1000 (9 Best Ways to Invest) – https://www.youtube.com/watch?v=0jRQk8Xkvxg

★★ EQUIPMENT USED ★★

Canon EOS M50 Camera – https://amzn.to/2zcz1K0
Canon 5D Mark II Camera – https://amzn.to/2xRF1XD
Canon EF 24 – 70mm F2.8L Lens – https://amzn.to/2lFwdRQ
Canon EF 50mm F1.4L Lens – https://amzn.to/2lF6Sr9
Manfrotto Tripod – https://amzn.to/2YC3Sto
Apple iMac 2019 – https://amzn.to/2lEXNyz
Rode Microphone – https://amzn.to/2lFs0O2

★★ 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.

★★ WANNA CONNECT? ★★

Blog – https://thehumblepenny.com
Insta – https://www.instagram.com/thehumblepenny
Pinterest- https://www.pinterest.co.uk/thehumblepenny
Twitter – https://twitter.com/thehumblepenny
Facebook – https://www.facebook.com/thehumblepenny/

★★ BUILD WEALTH ★★

Visit our online school at Financial Joy Academy for all our wealth building Action Plans:

Financial Joy Academy

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

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Title

Enter ad code here

Facebook

To Top