Claire Trott: Extracting company profits with maximum efficiency
Three options available
Claire Trott: "Although it can be relatively easy to justify a pension contribution on the numbers alone, holistic planning requires a deeper understanding of clients' circumstances."
Claire Trott
Extracting profit from a company at the end of the tax year is a process with many moving parts, writes Claire Trott. Here she explores the three options available
As we approach the tax year-end there will be companies that have made a profit this year and will want to extract these profits in the most tax-efficient way. There are three options available: take more...