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600+ Business Solutions - Profiting from a dividend
You want to extract profit from a close company. The traditional advice is to go for a dividend as it is more tax efficient. However, there are some exceptions to this rule. What are they and how do you make the most of them?Click here -
600+ Business Solutions - Directors’ bonuses - when can you take them?
Good profits don’t always translate to cash in the bank. So if you want to reward yourself and the other directors for a successful year, how can you do so if there’s not enough money and whilst maximising tax efficiency?Click here -
600+ Business Solutions - Bonus more tax efficient than a dividend?
Your company’s financial year is ending soon and projections point to a reasonable profit. If you draw this as a dividend, you’ll pay higher rate tax, whereas your spouse would only pay at the basic rate. Can you simply shift the income to them?Click here
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