Tax Efficient Business Structures
Several factors will govern the decision of your business’ structure – and tax is one of them. Tax efficiency is a significant goal to achieve for any business owner as well as the objectives of increasing margins, decreasing tax burdens and improving cash flow. Having more cash allows you to invest in your company to grow it, or you can take it for your personal use. There are many avenues to explore when implementing tax efficient structures and processes, however the safest method is to seek the help of an accountant, ensuring that each step is timed appropriately and compliant with legislation.