CAN YOU GET MORE OF YOUR CASH INTO YOUR HANDS LEGALLY WITHOUT GETTING HAMMERED WITH TAX?
As a business owner, you’ll be well-acquainted with the obstacle that is Corporation Tax. With any profit your company makes subject to this hefty tax at a rate of 19%, it’s no surprise so many entrepreneurs are looking for inventive ways to extract profit from their enterprise in a manner that allows them to trim a little (or a lot) from their annual tax bill. Naturally, the key is to release profit from the business in a way that’s both legal and tax-efficient - but this is easier said than done. That’s where our brand new whitepaper comes in.
In an aim to help business owners navigate the minefield that is (legal and tax-efficient) profit extraction, we’ve put together a no-nonsense whitepaper which breaks down popular methods for releasing profit that are regularly recommended by accountants and other entrepreneurs - as well as a handful of more specialist and obscure alternatives for the more discerning capitalist.
In our whitepaper, you’ll get to meet our hero, Mike Singletary, who takes home a salary of £45k running a relatively successful enterprise (and wants to hold onto as much of his company’s profit as possible). Based on a genuine case study, our hero tries out the tactics outlined in this profit extraction guide so that you can see exactly how much you could end up with in your bank as a result of taking matters into your own hands.
Pay particular attention to the chapter on the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS), where we share our expert insight on the unique and considerable tax benefits associated with these government schemes. And if you like what you see, check out our guide to the benefits of investing in an eligible company through EIS or SEIS.
Whether you’re looking to reap the rewards that come with investing your money in an early-stage company or simply want to learn more about the rules and advantages of EIS and SEIS tax relief, you’ll find all the information you need to move forward with complete peace of mind in this all-new whitepaper.