Interactive Business Cash Extraction Calculator
Entrepreneurs are acutely aware that they pay a lot of tax and are highly motivated to mitigate their liability where acceptable. One of the most popular ways to reduce tax liability has been to consider options for income extraction. Historically, the answer has almost invariably been dividends. Successive Budgets however have narrowed the dividend advantage. Now, a better answer is, ‘it depends’. Our interactive calculator helps approach this complex topic in a non-technical way. Used correctly it helps you see the net spendable cash left after all taxes which can then be considered along with other differentiating factors compared with a director/shareholder of a company, based on a chosen level of business profit.
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