Whenever considering how to extract
profits tax efficiently, there are a number of tax
and non-tax issues to consider. These could include:
- An owner’s personal requirements
for income as earnings or other income.
- An individual’s
longer term plans for the company.
- An individual’s
level of income and potential tax position
- The level
of company profits and it’s tax
position
- How much funds are retained in the company
and their use.
Our bonus
v dividend calculator gives a basic idea
of whether a bonus or dividend is cheaper for tax
purposes.
For further details please complete the feedback
form, email IanPatterson@Hansons.uk.com or contact
Ian Patterson on 01977 552 881.
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