Graham Goodbody Director Corporate Tax Alan Thomson Senior Tax Manager and Steven Levine Tax Manager explain how owners of businesses can release funds
At different stages during the life of a business its owners will need to extract value. This can include the following possibilities:
● extraction by way of salary dividends or rent;
● extracting capital value;
● selling the company;
● succession; and
● passing on the business.
At each stage thought must be given as to how to maximise the after-tax proceeds for the owners. This article sets out various factors that should be considered.
The article is not meant...
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Graham Goodbody Director Corporate Tax Alan Thomson Senior Tax Manager and Steven Levine Tax Manager explain how owners of businesses can release funds
At different stages during the life of a business its owners will need to extract value. This can include the following possibilities:
● extraction by way of salary dividends or rent;
● extracting capital value;
● selling the company;
● succession; and
● passing on the business.
At each stage thought must be given as to how to maximise the after-tax proceeds for the owners. This article sets out various factors that should be considered.
The article is not meant...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
