Cash Extraction
Extracting profits from the business is no longer a simple choice between salary or dividends.
There may be other alternatives which might better suit the needs of the individuals and the company. Whilst it goes without saying that clients want to achieve the lowest tax rate possible, companies need to retain funds for working capital, satisfying bank covenants and showing a strong balance sheet.
We work with our clients to help them achieve the right balance both in the short term and for the longer term in maximising the ultimate value for the business.