Extracting company profits - strategies for 2021-22

As you would expect, this publication covers the various options that shareholder/directors of small companies will need to consider when extracting profits from their companies.

This is a useful document to support the cross-sale of an annual review of extraction policy for your small company clients.

The publication covers:

  • Setting salary levels
  • Dividends
  • Rental of director’s assets
  • Benefits in kind
  • Directors’ loans
  • Interest paid on loans received
  • Leave profits in the company

Practical uses:

  • Send to small company clients to support annual review of extraction policy to accommodate changes in legislation.
  • Add material to your website and drive traffic to the page using social media.
  • Send a copy to staff. Will update their understanding of the issues presented. You could also instruct them to send copies to any friends or family that may find the information useful.

Other Spotlights publications available to subscribers

EU e commerce changes July 2021
Pension Contributions - tax breaks 2021.22
Working from home - tax breaks 2021-22
Off-payroll working changes - from 6 April 2021
Trivial benefits - tax-free benefits 2021-22
New to self-employment - tax and NIC 2021-22
Utilising COVID tax losses 2021-22
Capital expenditure - tax breaks 2021-22
Incorporating a property business - 2021-22
Making the most of digital accounting 2021-22
Staying ahead of business challenges 2021-22
Why tax planning is a sound investment 2021-22
New business challenges in the post-COVID economy 2021-22
Business exit challenges in a post-COVID economy
Creating multiple income streams 2021-22