A practical view of remuneration, dividends, pensions and longer term planning for owners.
The main levers
- Salary and bonus, balanced against employer costs and personal tax
- Dividends, considering retained profit, reserves and shareholder mix
- Pension contributions as a long term, tax efficient store of value
- Benefits and reimbursements, used carefully and within the rules
- Capital extraction routes connected to a future sale or restructure
What good planning looks like
A clear annual plan that aligns the business position, the owners personal position and longer term goals. Reviewed each year, not assumed from the prior year.
How Bracknwell Partners can help
Our tax and financial planning teams work with owners to build profit extraction strategies that hold up commercially and stand the test of time.