Case Study: Profit Extraction

Challenge

The client was an owner-manager looking for a way to access his company profits without triggering significant tax charges.

Our Approach

We introduced a solution that would allow him to receive tax tax free receipts whilst the company also obtained corporation tax relief.

We specialise in non-EBT and non-EFRBS planning.

While our planning is fully disclosed on personal and corporate returns, it does not fall within DOTAS as it is not loophole planning.

Results

  • Employers enjoyed immediate corporate tax relief
  • Employees received tax-free payments with only a small benefit in kind charge
  • No legacy arrangements

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