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Extraction of profits

There are many different ways in which you can extract profit from your business. Each has a tax impact on your company - and on you personally. Our specialist team can help you:

  • evaluate the most tax-efficient options available to you
  • explore a number of other remuneration planning ideas that could be used to reduce the tax cost of extracting cash from your business
  • review the structure for ownership of your business' assets to see if this can be done in a tax-efficient manner. For example, if you personally own assets, such as property, that are used by your trading company, then this can enable you to extract profits from the company without incurring insurance costs.

 

Contacts

Paul Eagland

Head of Audit and Tax
Telephone: 020 7893 2435 Email Paul

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To find out more you can also contact your local BDO adviser.

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