Retained profit - how would you get your mitts on it?

[WTFH]

I'm still "struggling" with this one and the £90k
Pension isn't an option. My allowance is fully used for the foreseeable future by my new perm job (they add employers NI to the pot too!).
My marginal rate of tax this year is 40%
Pay the corp tax and go BADR MVL isn't allowed till Jan 27 and is pretty spicy in terms of fees and tax.
I'll retire in April 2031 (latest)...so waiting till then and then dividends at 8.75% for two years looks like the bet route though I fully appreciate the rate may not be the same by then there's still a further 9% wriggle room before that's not the best option.

Anyone got any better ideas for the dormant co's cash for 6 years rather than 2.73% interest (minus corp tax) sitting in Natwest?
Or can anyone think of any other options please?

None of us have exactly the same financial circumstances as you, nor do we know your risk profile, etc.
As has been said multiple times before, speak to your accountant - a professional who isn't related to you - who can go through your options.

The only reason you are "struggling" is because you won't seek professional help.


Oh look...

I don't have an accountant to ask

This was in January.

[willendure]

I'm still "struggling" with this one and the £90k
Pension isn't an option. My allowance is fully used for the foreseeable future by my new perm job (they add employers NI to the pot too!).
My marginal rate of tax this year is 40%
Pay the corp tax and go BADR MVL isn't allowed till Jan 27 and is pretty spicy in terms of fees and tax.
I'll retire in April 2031 (latest)...so waiting till then and then dividends at 8.75% for two years looks like the bet route though I fully appreciate the rate may not be the same by then there's still a further 9% wriggle room before that's not the best option.

Anyone got any better ideas for the dormant co's cash for 6 years rather than 2.73% interest (minus corp tax) sitting in Natwest?
Or can anyone think of any other options please?

Buy a small commercial presmises and let it out - will give you a steady income which might be nice on top of your pension.
Invest the money - gold, shares, etc. But will make it a CIC and pay corporation tax at the main rate. Still, could be worth looking at.
If you have adult children interested in getting into business themselves could hand over to them with a £90K head start.
Some other lifestyle business that might work well for you in retirement - turn a hobby into low stress job.
Some other business investment or partnership - maybe too much work or stress though unless you have something you are happy being a silent partner in.
Move abroad to a tax haven for 1 year and withdraw all the money tax free, then stay out of the UK for another 4 years to reach the 5 year limit (you are allowed to visit just dont stay long enough to become resident again). Plenty places you could bum around for 5 years on £90K and have a lovely time.