by VelocityAS | May 7, 2021 | Accounting, Business, Dividends, Employment, income, Tax
If you run your business as a personal or family company, you will need to decide how best to extract profits for your personal use. A typical tax-efficient strategy is to pay yourself a small salary and then extract any further profits as dividends. Where this... 
by VelocityAS | Oct 3, 2020 | COVID-19, Dividends, Tax
Many family companies have struggled as a result of the COVID-19 pandemic and may no longer have any retained profits. Where this is the case, they may need to rethink how they extract funds from their company to meet their personal bills. Dividend problem A popular... 