The optimum salary for limited company directors in 2024/25
What is the optimum salary for a limited company director in the 2024/25 tax year?
There are several variables to consider when setting the salary levels of company directors, including:
- What are the current income tax rates and bands?
- What are the current Employers’ and Employees’ National Insurance rates and bands?
- Do you have income from other sources, e.g. investments or renting out a property?
- What salary level do you need to count as a valid year towards the State Pension?