At Chadwick Accountants, we pride ourselves on helping clients not only remain compliant but also unlock smarter ways of structuring their businesses to achieve real, tangible results. One recent client success story highlights how the right advice can transform the way directors manage their tax position — and generate long-term savings.
Our client, a successful limited company with three directors, had built up a profitable and growing business. However, their existing company structure meant that their personal tax liabilities were significantly higher than necessary. Despite working hard and running an efficient operation, the directors found a substantial proportion of their profits going straight into tax, limiting the flexibility they had in how they managed income and reinvested in their future.
After a detailed review of their company structure, Rachael identified that a restructure could deliver major long-term benefits.
The key recommendations included:
- Introducing wives as non-voting shareholders: This allowed income to be distributed more efficiently among family members without diluting the directors’ control over the company.
- Maintaining full director control: By ensuring that new shares were non-voting, the directors kept complete decision-making authority.
- Tax planning for the future: We modelled the potential tax savings not just for the current year, but also projected forward to show the cumulative impact.
The Results
The restructure has had a transformational impact. Collectively, the three directors have reduced their personal tax liabilities by £55,272 every year going forward.
This represents:
- A huge annual saving that compounds year after year.
- More take-home income for the directors and their families.
- The ability to reinvest savings into the business or personal financial goals.
What This Means for Our Client
For this client, the outcome has been game-changing. They now benefit from a more tax-efficient structure while retaining full control of their company. The directors have greater financial flexibility, and the peace of mind that their affairs are structured in the most efficient way.
How Chadwick Accountants Can Help You
This case is a prime example of how proactive advice can lead to substantial, long-term savings. At Chadwick Accountants, we don’t just look at the numbers — we look at the bigger picture, finding opportunities to make your business work harder for you.
If you’d like to explore whether a company restructure, tax planning, or shareholder strategy could benefit you, our team is here to help.
👉 Contact Chadwick Accountants today to book a consultation [email protected]
