Extracting retained profits and closing down Ltd. co.

[eternalnomad]

Hello everyone,

I have been lucky enough to have had several years contracting on an excellent rate - during this time I have built up substantial reserves (>£150K) in my Ltd. company.

The time has now come to close down the Ltd. company and extract these retained profits.

One obvious choice is to ensure that my pension fund receives a nice contribution but this would still leave quite a lot of the cash available for its shareholders (me and Mrs Nomad)

Do any of you have any (sensible) suggestions on tax efficient ways to extract these retained profits other than just the bog-standard dividend route ?

thanks in advance

Eternal

[xoggoth]

Think there was a similar question a page or two back and zeitghost added some links to previous answers. I expect his motive for so doing was world domination but what the heck.

[zeitghost]

Just to further my attempts at world domination & zip up foreheads....


p201.ezboard.com/fcukfrm4...=883.topic