Growing your business

Page 8

REMUNERATION PLANNING Now that your business is growing, it is time to think of the most tax efficient way to extract funds. This may be in the form of the following: > salary; > dividends; or > interest on your loan account – funds you have injected into the company

Other considerations are the need to register for self-assessment, filing an income tax return, and company pension contributions. Talk to us to explore this further. EMMA BOUTCHER Associate Director 01242 237661 emma.boutcher@hazlewoods.co.uk

5


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.