For Business owners “Extraction of Profit” from the family owned Ltd company has always been an important discussion with their Accountants.

The opportunities are in

  • Using Personal Car for Business and utilising the Generous Mileage Allowance offered by HMRC.
  • Taking Life Cover as “Relevant Life” and writing it into a Trust for your beneficiary & still utilising Corporation Tax Deduction
  • Salary / Dividends, to name a few…

Depending on individual circumstances, other genuine opportunities can be looked into and utilised in your Accounts.

Such opportunities saves

  • Employer’s NIC if it were to be withdrawn as salary
  • Corporation Tax
  • Tax on Dividends for the shareholder

Want to consider such opportunities for your Business?

Why not reach us,to discuss, on either of the following

  1. Phone: 07879601780
  2. email: mail@Excelaccountz.co.uk
  3. Fill the contact form below