What are the most tax-efficient methods of extracting profits from a UK resident company in 2023-24?

This is a freeview 'At a glance' guide.

Click on Checklist and briefing note for a summary of the most tax-efficient methods of extracting profits from a UK resident company in 2024-25.

This tax tool can be used for:

  • A new company.
  • An existing company. 
  • Company owners and directors.

It also contains links to detailed guides on salary v dividend, IR35, the settlement provisions, income shifting, use of home, charging your company a licence fee, Employment-Related Securities, Transactions in Securities, repurchase of own shares, capital reduction and striking off.

Further guides designed specifically for directors are located: Directors > Tax-efficient remuneration