01/02/2024
How do you extract money from your ltd co at max rate?
What a brilliant meeting this week on the topic of pensions and business owners of Limited Companies.
As opposed the standard £60,000 annual allowance, we helped an owner move £650,000 from his own company into his pension trust.
Full corporation tax relief and protection of these monies from business failure, capital gains tax and inheritance tax.
Now imagine using these tax free funds to reinvest into your own company, becoming your own Bank!
Or buying commercial premises for your business and paying yourself rent, tax free!
Along with many more benefits.
If you own your Ltd Co, we need to have a chat on your tax planning and how you can max money from your Company for your reinvestment opportunities.
Contact us for more details.
Reduce your business tax and increase your wealth.
It makes sense when you know how.