Retained Profit - Best Uses

[Crossroads]

It's not true that you have to pay the tax sometime. If you stay out of the upper rate you can keep paying yourself tax free dividends for years. It's only a problem if you keep working.

Until Hector / UKGov change the rules

It's a case of balancing "sleeping at night" - paying off the mortgage / getting money out the business versus paying less tax overall.

ESC16 / MVL and the use of taper relief is the most tax efficient approach, but not something best done regularly, so it is a question of what to do with the capital in the short / medium term before withdrawing it from the company.

About the most imaginative "safe" option so far as high interest accounts...