Tax Efficient Planning
Salary & Income Planning
Explore our collection of articles explaining salary sacrifice, bonuses and income planning strategies. Understand how different forms of income may affect taxation and financial planning decisions.
Articles
Salary Sacrifice Explained: How It Works in the UKThis article explains how salary sacrifice arrangements work and how they may affect take-home pay and pension contributions.
How to Reduce Your Income Tax Legally in the UKThis article explores legitimate ways individuals may reduce their income tax liability.
High Income Child Benefit Charge ExplainedThis article explains how the High Income Child Benefit Charge works, who is affected and how the 2024 threshold changes apply.
Scottish Income Tax Explained: The Six Bands for 2026/27This article explains the six Scottish income tax bands for 2026/27, who counts as a Scottish taxpayer, which income follows Scottish rates, and the key planning points.
Salary vs Dividends for Company Directors ExplainedThis article explains how salary and dividends are taxed for company directors in 2026/27, the corporation tax and National Insurance trade-offs, and why most directors use a mix.
How LLP Partners Are TaxedThis article explains how LLP members are taxed as self-employed individuals, the salaried member rules, National Insurance, payments on account and pension funding at partner level.
Members' Voluntary Liquidation ExplainedThis article explains how an MVL works, how winding-up distributions are taxed as capital, when Business Asset Disposal Relief can apply, the anti-avoidance rule and how it compares with striking off.
Relevant Life Policies ExplainedThis article explains what a relevant life policy is, the HMRC conditions it must meet, how the premiums and benefit are usually taxed, and who can have one.