Contracting Through Your Own Ltd In 202627 Salary, Dividends And The Optimal Extraction

This video explains contracting through your own limited company in the UK for 2026/27, focusing on salary, dividends and profit extraction. For many owner-managed companies, deciding how much to take as salary versus dividends can affect Income Tax, National Insurance, Corporation Tax and the amount of profit retained within the company. There is no single extraction strategy that suits every contractor. The video is relevant to UK contractors, company directors, consultants and freelancers operating through their own Ltd company. We discuss the key factors to consider when setting director remuneration, including salary levels, dividend distributions, available company profits, personal tax bands and the wider tax position. Contractors should also consider IR35 where relevant, as employment-status rules can materially affect the analysis. Poor extraction planning can create unexpected tax liabilities, compliance issues or cash-flow problems. Company records, board minutes and dividend paperwork should be maintained correctly. For professional assistance: Phone: 0208 5708531 Email: info@mytaxaccountant.co.uk Website: www.mytaxaccountant.co.uk Disclaimer: This video provides general UK tax guidance only. It is not personalised tax, accounting or legal advice. Tax treatment depends on individual circumstances and the facts of each company. HMRC rules and tax rates can change over time. You should obtain professional advice before implementing an extraction strategy. #UKTax #HMRC #LtdCompany #ContractorTax #DirectorTax #Dividends #SalaryTax #TaxPlanning #MTA