Claire Trott: Extracting company profits with maximum efficiency

As we approach the tax year-end there will be companies that have made a profit this year and will want to extract these profits in the most tax-efficient way. There are three options available: take more salary, pay extra pension contributions, or pay a dividend. There are various issues to consider with regards to the numbers, but as we know, it isn't always about the figures as it can also be about personal preference. All clients are different, and their wants and needs must also be considered. NI contributions National Insurance (NI) contributions are paid on an employee's sala...