Getting advice from your accountant

[VectraMan]

I keep trying to talk to my accountant about how best to take money out of the business.

I usually use online banking, but you could try a cheque.

HTH.

[cailin maith]

Good advice: I have suggested that a phonecall might be better and we are talking tomorrow.

Whats wrong with tomorrow?

[Andy2]

My accountant says yes to every question I ask
I think he is not bothered if I go to jail

[BlackenedBiker]

Whats wrong with tomorrow?

Nothing better than the crappy answer he gave me today

[BlasterBates]

Think about it common sense.

1. You can increase your dividends
2. You can loan yourself the money (but doesn't really get the money out).
3. You can close the company and liquidate.
4. You can give yourself a salary raise (subject to HR and Shareholders approval).
5. You could make yourself redundant.

I don't think a 10 minute conversation is going to give you a quick answer here, on which is the most tax efficient.

You really need I think on this one to ask and pay for some "consultancy" from your accountant, or another one.

I don't think there is like a "back door" here.

[wantacontract]

my accountant never offers anything, I had to prod him with information..such as

Me - I am closing my company, i got a stash there I want to get out..
Accountat - just make it dormant and leave the money there...

Me - no, I want the money, whats the best way to take it out...
Accountant - ...

Me - hello ...
Accountant ...

Me - Are you going to apply for the entrepneurs relief?
Accountant - so you know about that then....okay...let me get my book out...
Me -