Sarah Bradford considers whether it is better to take profits from a personal or family company as remuneration or as dividends.
Where a business is operated through a company, such as a personal company or a family company, the profits need to be extracted if they are to be used personally outside the company.
The two main ways of doing this are by paying a salary or a bonus, or by taking dividends.
Salary or bonus
Where the company pays a salary or a bonus, there
