How to extract profits out of companies
Believe it or not, there are more than 4.7 million limited companies registered in the UK. This includes the 810,316 incorporations that signed up in 2020/21. Only around 2m are actively trading. But, the number of new companies formed during the previous tax year was a 22% year-on-year increase. Unsurprisingly, that percentage represented the highest[…]