Rated 5.0 on Google Fixed monthly fees, software included VAT, CIS, payroll and year end handled Liverpool, Wirral and Cheshire, UK-wide Run by Barnaby Byrom since 2023
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Salary and dividends for directors, checked before the tax bill lands

Salary and dividends for directors work best when the company’s profit, cash and personal needs are checked together. We set a sensible plan and keep the paperwork in order.

5.0 on Google. Can’t recommend these guys enough, saved the day when our previous accountant hadn’t been filling properly and we were facing fines. Worth their… Regent Barbers · Read the reviews
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A few quick questions, then a fixed monthly fee in writing and the free VAT and structure check. About two minutes, no tie in.

Salary reviewed as profits changeDividends backed by profit

The split set at incorporation may no longer fit a growing company. Before you raise your pay, take a large dividend or add a pension contribution, someone should check what the company can afford and what tax follows.

Concrete Accounts helps UK limited company directors set and review their pay, dividend paperwork and pension decisions. The Liverpool practice works for one fixed monthly fee with software included, and reviews the books when a client joins.

Salary and dividends for directors: Barnaby reviewing company paperwork with a business owner at a kitchen table Limited companies

The old pay split may be costing you now

5.0 · Barnaby checks itGet a free quote
  • Rated 5.0 on Google
  • Fixed monthly fees, software included
  • VAT, CIS, payroll and year end handled
  • Liverpool, Wirral and Cheshire, UK-wide

What changes when director pay is planned

01

Pay yourself without draining the company

Know what the company can afford before money leaves the bank.

02

Set aside your personal tax earlier

Estimate the personal bill when you decide how much to take.

03

Keep every dividend properly supported

Check available profit and prepare the paperwork when each dividend is declared.

Where director pay starts going wrong

Small decisions become awkward when payroll, profit and personal withdrawals are considered separately.

  • Salary

    “My salary was set when the company started, and nobody has checked it since profits grew.”

    An old payroll setup can leave tax planning untouched while the business changes.

  • Dividends

    “I took money when I needed it, then learned the company had not earned enough profit for the dividend.”

    That can leave the payment unsupported and require the accounts and director’s loan position to be reviewed.

  • Pension

    “I wanted the company to pay into my pension, but nobody checked it before year end.”

    The decision came too late to assess alongside company profit and cash.

  • Day 90

    What changes once the advice is in the room

    You know what can leave the company and when. Payroll, dividend paperwork and tax estimates follow the same plan. Pension contributions are considered before the year closes.

Quick check · no email

If your accountant cannot explain your salary level, dividend paperwork and personal tax before you take more money, you have the wrong accountant

Answer these three questions about the accountant looking after you now.

Question 1 of 3

Could they tell you this week whether your current salary level still fits?

What changes when pay is reviewed during the year

The timing decides whether your accountant sees money after it moves or checks the decision first.

Year-end filing

Payroll continues on the old setting.

Dividends are checked after money has moved.

Personal tax appears with the return.

Pension questions wait for year end.

Advice during the year

Salary is reviewed as profit changes.

Available profit is checked before dividends.

Personal tax is estimated before withdrawals rise.

Pension decisions are considered before the year closes.

Eight checks before you pay yourself more

A yes to each question means the basics are covered.

  • 01

    Has your salary been reviewed since company profits changed?

    Check payroll against current profit, cash needs and other income.

  • 02

    Is every salary payment running through payroll?

    Company pay should match the payroll reports and bank payments.

  • 03

    Do you check available profit before declaring a dividend?

    A healthy bank balance alone does not prove a dividend is available.

  • 04

    Are dividend minutes and vouchers prepared for each declaration?

    The paperwork should record the amount, date and shareholder receiving it.

  • 05

    Are withdrawals kept separate from business spending?

    Unlabelled transfers can leave the director’s loan account needing investigation.

  • 06

    Do you estimate personal tax before taking more?

    Put money aside when the decision is made, well before the return is due.

  • 07

    Has a company pension contribution been considered before year end?

    Check the company’s cash and tax position, then take regulated pension advice where needed.

  • 08

    Will someone review the plan when profits or circumstances change?

    Review the split whenever profit, cash needs or personal circumstances change.

What gets handled after the split is agreed

The plan only works when payroll, paperwork and tax estimates follow it.

Payroll

Regular pay runs through payroll

Salary payments, payroll reports and the company bank account stay aligned.

Dividends

Dividends match available profit

Profit is checked and the minutes and vouchers are prepared.

Planning

Personal tax is planned earlier

Withdrawals and pension decisions are considered before the year closes.

All Services →

Entry 01

What one short review can uncover

Routine work can hide an old mistake when nobody goes back through what was filed.

Figure£8,000of VAT overpaid for years
Found byFound during a fifteen minute review of one new client’s VAT returns.
ResultThe overpayment was identified and claimed back. It is one client’s result, never a promised outcome.
AlsoThe joining review also checks payroll, dividends and money taken through the director’s loan account.
Found by
Result

Clients described by type. Names withheld.

What clients say

Can’t recommend these guys enough, saved the day when our previous accountant hadn’t been filling properly and we were facing fines. Worth their weight in gold!
Regent BarbersGoogle review · 10 months ago
Exceptional service. Communication is clear, timely, and consistently accessible. After years of dealing with an accountant who was difficult to reach and overly formal, working with someone this reliable and solution focused has been a significant improvement. Strongly recommend.
James HenryGoogle review · 10 months ago
I’ve been blown away by the service from Barnaby! My accounts went from being a constant mental burden to something I feel completely under control — all thanks to him. Now I can shift my mental energy to running my business rather than worrying about unexpected tax bills. Barnaby not only stays on top of everything, but also sends me financial reports so I have clarity and always know exactly what’s going on, which has made running my business enjoyable again!
Oliver NoakesGoogle review · 10 months ago

How your pay plan stays current

The first review deals with what has happened, then each part is brought into the same plan.

Before day one

Your current position is checked

We review payroll, withdrawals, available profit and dividend paperwork before recommending the next payment.

Day 30

The regular pay is set

Payroll follows the agreed level, with company cash and personal needs considered.

Day 60

The paperwork catches up

Dividend minutes and vouchers support payments, while personal tax is estimated before it lands.

Day 90

The plan is kept current

Reporting shows whether profits, withdrawals or pension plans call for another review.

When this monthly service may not fit

A one-off dividend calculation without ongoing accounts is outside the monthly service.

A sole trader below the VAT threshold with no plan to incorporate is too early for this service.

Requests to change valid figures or make a tax bill disappear are refused.

If the only aim is the lowest possible price, another firm will suit better.

The free set-up review will tell you plainly whether the monthly service fits.

Questions directors ask before changing their pay

Salary and dividends for directors: what does the monthly fee include?

The monthly service can cover payroll, dividend paperwork, bookkeeping, year-end accounts, corporation tax and director self assessment, depending on the agreed scope. Cloud accounting software and periodic reporting are included. Your pay plan is reviewed against company profit, cash needs and personal withdrawals.

Salary and dividends for directors: can you review them if we already have an accountant?

Yes. We start with a free VAT and structure check, including how you currently take money from the company. If the service fits and you choose to move, we contact the previous accountant directly, bring the ongoing work across and review the existing books once you join.

Do we have to move accounting software to work with you?

We first check the software and bookkeeping setup you already use. If it supports the work properly, a move may be unnecessary. Where a change is needed, we explain what moves, who handles it and how the opening balances will be checked. Cloud accounting software is included in the monthly service.

What happens with our current accountant if we switch?

Once you authorise the switch, Concrete Accounts contacts the previous accountant directly and requests the information needed. You do not have to manage the handover yourself. Onboarding is completed in the first week, and the existing books are reviewed after you join. Any catch-up work is agreed before it starts.

Can a director take dividends whenever there is money in the bank?

No. A company needs available profit before it can declare a dividend, and the bank balance does not prove that profit exists. The accounts should be checked first. The decision should also consider upcoming VAT, corporation tax, payroll and other commitments, with minutes and a voucher prepared for the declaration.

Can the company pay into a director’s pension?

A company pension contribution can form part of the plan, provided the company can afford it and the tax treatment is checked. Timing matters, especially near the year end. Concrete Accounts can cover the accounting and tax position. Advice on pension products or investments should come from an appropriately authorised adviser.