There can also be tax advantages. Several taxes affect a limited company, and the way the individuals involved are rewarded can have a considerable effect upon how much tax has to be paid. The circumstances of each case vary, so that there is no standard strategy which is suitable for all situations. At G H Herbert & Co, we will consider your own situation carefully before advising you as to the best way to proceed.
We do all we can to legally minimise the amount of tax - in all its forms - which you have to pay, and prepare such computations and returns as are necessary.