Taking dividends v's loan and salary??
Hi there
I'm hoping this is the right place to ask, if not please bare with me. I have a client who wants to take a large sum out of the business to purchase a property. Is it best to take some now and some after 6th April or take it all after the April cut off? Would you advise to take it all as a dividend or split it into loans etc? I would be really interested to hear your views and the cheapest way round the tax?
The money is available and there will be enough left to cover all business requriements and HRMC bills that are due.
Your thoughts would be most appreciated.
Kind regards
Clara
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