No Retained Profits

No retained profits – Can you extract cash to cover your living expenses?

If you operate through a limited company, for example as a personal or family company, you will need to extract funds from your company in order to use them to meet your personal bills. There are various ways of doing this. However, a popular and tax-efficient strategy is to take a small salary which is […]

No retained profits – Can you extract cash to cover your living expenses? Read More »