Are You Aware of The Best Way of Taking Income Out of a Limited Company?

I saw a client recently who considered setting up a limited company for his business and wished to know the best way forward of taking out money from the business whilst minimising the tax being paid by his company and himself.

I suggested a system of utilising director’s remuneration and dividends to do this. This enabled him to minimise the tax payable by himself and the company whilst maximising the money he derived from the company itself.

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