Our CPD Tracker allows you to bank structured CPD time. Go to the CPD Tracker to check your points to date and export the data from your personal records. When you have completed a CPD module make sure you click the CPD Tracker button to add the module to your CPD Tracker
This module focuses on the issues of extracting profit from a company through either dividend or salary explaining the implications of transferrable married couple’s allowance, national insurance contributions (NIC) and national minimum wage (NMW)
Low rates of corporation tax along with favourable income tax and NIC treatment of dividends compared to salary, meant that for many businesses it was tax-efficient to incorporate and extract profits through dividends rather than as salary.
The module covers the following topics:
- Introduction and background;
- NIC and the transferable married couple’s allowance;
- Paying in and withdrawing and the effect on employers; and
- NMW considerations and other matters.
The course lecturer is Tony Jenkins CTA, a freelance tax lecturer with his own practice and has over 30 years’ experience in training and advising clients in all types of businesses.
This CPD module takes 20 minutes to complete and is followed by a short quiz to ensure thorough learning. Any CPD learning is also automatically added to Your CPD Tracker.
If you're already a subscriber, you can log in to access this CPD module.
To subscribe to eCPD go to the Subscriptions page