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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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The Most Tax Efficient Way to Draw Money From Your Business
The most effective way to do to draw money is for an owner taking the minimum wage plus dividends. It's not as tax efficient as it used to be, because there are recent increases in national insurance contributions and so on. I would say check with a kind of payroll or HR specialist, it's about entitlement to things like national insurance credits and things like that. So maybe just make sure you consider that.
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