Cash extraction from the family company

20 July 2022 / Insight posted in Practical guides

One of the most important issues for the family company can be taking money out of the business in the most efficient manner.

There are many areas to consider:

  • What are the requirements of individual family members; in both the short and long term?
  • How much cash should you be retaining in the business?
  • What is the best way to balance the competing interests of family members who do and don’t work directly for the business?
  • Which method will suffer the least tax?

Although tax can only ever be part of the equation, it is an important part and an area where.

Find out more in our ‘Cash extraction from the family company’ guide, or contact us directly.