The 5 Tax Efficient Ways to Get Money Out of Your Company (UK)
YouTube Viewers YouTube Viewers
1.36K subscribers
128 views
0

 Published On Jan 25, 2024

In this video we walk through the 5 ways to get money out of a UK Limited Company.

Based on how each of these ways is impacted by different taxes we cover the most tax efficient ways to take money out of a company while at the same explaining why saving tax may not always be the right answer for you!

As the old saying goes "Don't let the tax tail wag the dog!"

Chapters
0:00 Introduction
0:42 5 Ways to Get Money Out
2:30 Salary
3:23 Dividends
5:54 Pension
8:38 Side Hustles
10:18 Individuals are Different!
12:30 Tax Breakdown

đź”” Subscribe for more tips just like thisđź””
   / @basicsofbiz  

#startuptips #startupadvice #startupbusiness #startingabusiness #businesstips #smallbusinesstips #smallbusiness #smallbusinessadvice #smallbizowner #Accountant

➡️ The information contained in our videos is provided as general information only. It is not a substitute for professional advice.

➡️ Also check us out at https://lightworkbusiness.com where provide answers to the common business questions small businesses face to enable them to get the legal, financial and administrative basics of running a company - the Basics of Business - right from day 1!

Disclaimer: This video may contain affiliate links and is for educational purposes only. It should not be considered professional advice! Lightwork Business is a trading name of Basics of Business Limited (no. 14755046), a private limited company registered in England and Wales.

show more

Share/Embed