Business owners undoubtedly wish to keep as much of their hard-earned money as possible.
At Anderson Phillips we can advise you on the best way to extract profit from your business to ensure your tax liability is kept to a minimum.
We consider different remuneration strategies, from payroll to dividends, by taking into account personal allowances and national insurance contributions. We also take pension contributions into account, and examine the pros and cons of leaving money in the business.
For in-depth guidance on extracting profit in a tax-efficient manner, please contact us.