Independent Financial Advice for Business
The Exit Audit
This gives you more of your own money back to spend as wisely or as frivolously as you want when you decide it’s time to sell up.
Extracting the value from your business needs to be properly planned many years in advance. Simply selling up for the best price and drawing the funds can trigger increased tax liabilities in the year you sell up. It can also bring new tax liabilities such as Inheritance Tax into play. Advance profit extraction planning can prevent this. We develop and build bespoke Profit Extraction Plans to make use of various allowances to delay, reduce or remove your tax liability.