Splitting a company – Tax efficiently
Most private companies start as sole owner-managers; roll on a few years and some will have grown such that family…
Advice on Corporation Tax responsibilities, reliefs, deadlines and tax-efficient planning for limited companies.
Most private companies start as sole owner-managers; roll on a few years and some will have grown such that family…
As the end of the tax year approaches, it is prudent for those operating their business as a personal or…
In personal and family companies, directors often borrow money from the company as this is a cheaper and easier option…
It is eight years since companies had to deal with two tax rates and marginal relief when calculating their corporation…
If you have a company that is dormant and you have filed your company tax return showing that no tax…
Dividends are a popular and tax-efficient way to extract profits from a personal or family company once a small salary…
A popular profit extraction strategy is to pay a small salary and to extract further profits as dividends. Why pay…
In an alphabet share structure, each shareholder has a different class of share. For example, one shareholder may have A…
A tax charge may arise under the benefit in kind legislation where a company van is available for an employee’s…
Directors’ loans can be tricky from a tax perspective. Specific tax charges apply where loans to director shareholders of close…
The Chancellor’s recent mini-Budget and subsequent U - turns threw a number of spanners into the works as far as…
If you operate your business as a personal or family company, you will need to extract some or all of…
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