Extracting cash from your company in the most tax efficient way.

The way in which your business is structured will affect the amount and type of tax and National Insurance that you pay.

Depending on the set up, ways to extract money from your business range may include Salaries, Benefits in Kind, Dividends and Pension provisions along with other more complex ways.

It is worth giving some thought to the best way to extract profits from your company as planning ahead can generate substantial tax and NIC savings.