May 2016 Edition - Updated For April 2016 and Proposed 2017 Changes
The highest rate of personal income tax for 2016/2017 is 45%. However the rate of tax a company pays is 20% (from April 2015 and reducing to 17% from April 2020). This provides a significant incentive for many people to use a UK company for trading or investment purposes.
However, company owners need to consider both the company tax position as well as their own individual tax position. This book looks at a number of tax planning issues for company owners and considers both corporate and personal tax planning opportunities available. It is updated for the latest changes for 2016/2017 and includes numerous new sections.
Subjects covered include:
How Much Salary To Pay In 2016/2017 To Minimise Tax?
Should You Be Using A UK Company?
All about the new dividend rules from April 2016
Reducing tax on dividends after April 2016
Ways To Reduce Corporation Tax
Financing a new company tax efficiently
Tax restrictions on interest deductions for UK companies
Budget 2016 tax changes for companies
Using a Directors Loan Account to Reduce Tax
New Proposals For Disclosure Of Beneficial Owners
New Capital Allowance Rules
Qualifying For inheritance Tax Relief When Your Company Has Large Cash Balances
Watch out for The new anti avoidance rule on the transfer of corporate profits
The Patent Box and The 10% Rate of Corporation Tax
When non resident companies are within the UK corporation tax regime
Trading in the UK with a UK company or LLP
Liquidating companies in 2016
New rules that tax distributions on liquidation as income from April 2016
Maximising Tax Relief On The Purchase Of Business Premises
Transferring Property Assets Out Of A Company
Making Your Company Investor Ready For EIS Relief
The Seed EIS Scheme
Splitting A Company's Activities To Reduce Tax
Using A Holding Company
Should You Rent Property To Your Company?
Tax Planning For Your UK Company If You Leave The UK
Transferring A UK Company Overseas
Using A UK Company In Offshore Tax Planning
Setting Up An Offshore Subsidiary Of Your UK Company To Reduce Tax
Structuring Your Business Prior To A Disposal
Qualifying For Entrepreneurs Relief If Your Company Has Large Cash Balances
The highest rate of personal income tax for 2016/2017 is 45%. However the rate of tax a company pays is 20% (from April 2015 and reducing to 17% from April 2020). This provides a significant incentive for many people to use a UK company for trading or investment purposes.
However, company owners need to consider both the company tax position as well as their own individual tax position. This book looks at a number of tax planning issues for company owners and considers both corporate and personal tax planning opportunities available. It is updated for the latest changes for 2016/2017 and includes numerous new sections.
Subjects covered include:
