director - Phillips & Co Accountants

Director Wealth Extraction 2026: The Optimal Salary vs. Dividend Split

by Terry Phillips | Jul 1, 2026 | director

Author: Phillips & Co Accountants, Chester Date: 01 July , 2026 Running a highly profitable limited company is only half the battle. Following the aggressive government Autumn Budget—which hiked Employer National Insurance to 15%, slashed the NI threshold to just...

The New Optimal Director’s Salary for the 2025/26 Tax Year

by Terry Phillips | Oct 21, 2025 | director, director's salary, Payroll

Author: Phillips & Co Accountants, Chester Date: 21 October, 2025 As part of our commitment to proactive tax planning, this blog provides important guidance for the 2025/26 tax year. The government has made significant changes to National Insurance (NI) that...

Understanding Payments on Account

by Terry Phillips | Apr 28, 2024 | Payments on Account, accountancy, Accountants, Business Owner, Chester, director, Employer, hmrc, Income, Income Tax, Influencers, Self employed, Self-Assessment, Sole trader, tax, Tax return

Navigating Payments on Account can feel daunting for self-employed individuals. This initial instalment of our self-assessment series aims to clarify this frequently misunderstood part of the tax system.

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Director Wealth Extraction 2026: The Optimal Salary vs. Dividend Split

The New Optimal Director’s Salary for the 2025/26 Tax Year

Understanding Payments on Account

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