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Ep 48: Tax Efficient Strategies for M&A and Employee Incentive Schemes with Sarah Gardner [Founder: Allegro Tax]

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How to Use Management Fees to Pay Your Minimum Wage

One thing that comes up in the M&A space is you're often taking a loan and there's covenants attached to that loan. Very often you cannot or can pay dividends, but only there's some basic formulas. So maybe if you're trying to use that as a way to compensate your minimum wage salary, it may end up being way less than what you expected. But yeah, I mean, I'm not sure if it could be a great benefit really if you've got personal service company and voicing another company because you still got to extract.

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