Unlocking Tax Efficiency: Profit Extraction Strategies for UK Owner-Managed Businesses
Running an owner-managed business through a limited company comes with its unique challenges and opportunities, especially when it comes to profit extraction. As a savvy business owner, maximizing tax efficiency while extracting profits is a top priority. In this article, we will explore tax-efficient profit extraction strategies tailored specifically for UK-based owner-managed businesses operating through […]
15 Tricks to Tame Your Corporation Tax: Unleash Your Inner Tax Magician!
Introduction: Nobody likes paying taxes, but when it comes to corporation tax, a little bit of wizardry can go a long way in reducing your liability. The UK Government’s recent increase of the main rate from 19% to 25% has made it even more important for businesses to explore ways to minimize their corporation tax. […]
Unlocking Tax Efficiency: Benefits of Putting Money Towards Your Pension Through a Limited Company
As a director of a limited company, planning for your retirement and maximizing tax efficiency are undoubtedly key priorities. Fortunately, there’s a powerful strategy at your disposal: contributing money towards your pension through your limited company. In this article, we will explore the benefits of this approach and shed light on how it can help […]