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Family companies and the optimal salary for 2021/22

Family companies and the optimal salary for 2021/22

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...

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