Client isclose to retirement business generating high cash profit

Client isclose to retirement business...

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Have a new client who has a good 2 business generaing plenty of cash profit, combined of c £100k a year.  They are a couple of years away from retirement age. They have no mortgage and low outgoings. Both business are currently run as sole trader. Looking for the best tax effcient ways to extract value from the business in terms of income for the next few years ( they may continue a few years beyond retirement) and ultimately capital gain. Considering incorporation of the business to save some tax/ni now but also needing to carefully consider strategy for exit and ultimately a sale of the businesses on retirement.  They are not currently paying  anything significant into a pension. I am carefully researching all the options including a combination of incorporation, reinvestment of profits within the business and penison.  I would welcome any ideas or comments derived from similar experience.  Thanks.

Chris

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