The two most common ways to withdraw money from a company are through the payment of a managing director’s salary and through dividends.

Using practical examples, we’ll show you how much of your money the government takes and how much is left for you. We’ll compare, across three income levels, how much you’ll actually have left after taxes in both scenarios. We won’t forget to include the child tax credit, and most importantly, the self-employed pension. For most entrepreneurs, this isn’t a pressing issue—or it seems far off—but we always consider all possibilities when modeling. This way, we don’t just show you pretty numbers and a nice model; we ensure you have 100% accurate information for one of the most important decisions in your business.

What you will learn in the webinar

• What is the difference between a salary and a managing director's compensation?
• What is the tax and social security burden for specific remuneration amounts?
• How does a loan to a partner or managing director work, and what are the limits?
• Is it necessary to pay interest on it? What interest rate should be set?
• How does the dividend payout work?
• How can one best combine a loan with dividends to maximize the return on investment?
• Comparison of net income from receiving a payout vs. receiving dividends
• Claiming the child tax credit
• How will choosing to receive a dividend affect my pension?
• We will also model individual retirement savings (so that we can compare apples to apples)

Lecturer

Ján Svočák

Tax advisor and managing director of Adviterra s.r.o.

Who is the webinar intended for?

• for business owners and executives who are just starting out,
• for business owners who want to properly structure and optimize their distribution of profits from the company,
• For anyone who wants to keep track of how much money they’re paying to the government and how much they have left.