Running a business:
Remuneration
If you are both a shareholder and a director of a company, you may be able to choose whether to extract funds from the company by way of salary or a dividend. You may also be considering employing your spouse, partner or children. We discuss these issues below:
Most businesses will need to recruit employees. Finding and attracting the right people can be problematic. Once you have the right people, you need to keep them motivated and willing to continue working for your business. We discuss remuneration strategies as follows:
Everyone needs to provide for their retirement, and we consider pension schemes briefly below
For more details on pensions, please see our You & Your Family section.
In addition, we have prepared several guides covering topical employment issues.
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Where next?
Within Remuneration ...
- Salary or dividend?
- Employing your spouse or partner
- Employing your children
- Remunerating your employees
- Enabling employees to participate in profits
- Pension schemes
Within Running a business ...
- Accounting systems
- Financial information
- Your business premises
- Remuneration
- Business risks
- PAYE
- VAT
- Business taxes
General ...
