Tax efficient investments for limited companies
- On June 17, 2021
- By GrowthInvest Marketing
As a limited company director, it’s a typical issue to have those well-earned profits tied up in the business.
After utilising dividends and salary, it can feel like there is little left to do other than to simply leave the money in the business, as nobody really wants to give rise to paying additional income tax!
Sadly, with interest rates remaining as low as they have been for many years there is little return to be had on business cash rates, and although stocks and shares can be an option, this doesn’t negate the tax for directors when they will want to realise the money at some point.
So, writes financial adviser Angela James of ContractorUK pension partner Yolo Wealth, what can you do in response, and what are the options for limited company directors when it comes to making tax-efficient investments?
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