Tax Efficient Profit Extraction from Businesses & Companies

Introduction

The significant changes in the past two years to corporate tax rates, income tax thresholds and national insurance as well as the increase in dividend rates has changed the assumptions regarding how to extract wealth efficiently from an Owner Managed Business.

This in-person seminar looks at the variables that a practitioner needs to take into account when advising on the optimal balance between salary, bonuses, pensions, dividends and other wealth extraction methods.

What You WIll Learn

This course will cover the following:

• The income stream looks at the interaction between payments of:
• Salary
• Dividends
• Benefits
• Loans
• Deferred remuneration
• The impact of the changes to dividend taxation as well as the rules on disguised remuneration and loan charges.
• The capital stream reviews the ability to extract wealth from a company in terms of the sale or disposal of assets in the business or shares.
• The impact of the changes to:
• Entrepreneurs' relief
• Members voluntary liquidation
• Transactions in securities legislation