fbpx

Posts Tagged ‘Family Companies’

Optimising Tax-Free Benefits In Family Companies

Optimising Tax-Free Benefits In Family Companies

Making use of statutory exemptions for certain benefits-in-kind offers an opportunity to extract funds from a family company without triggering a tax charge.   The essential point to note is that to make the tax saving, the benefit itself, rather than the...

Read more

Family companies – Optimal Salary For 2019/20

Family companies – Optimal Salary For 2019/20

For personal and family companies it can be beneficial to extract some profits in the form of a salary. Where the individual does not have the 35 qualifying years necessary to qualify for the full single-tier state pension, paying a...

Read more