April 2012 Edition
The highest rate of personal income tax is currently 50% (reducing to 45% from April 2013). However the highest headline rate of tax a company pays is 24%. 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 e-guide looks at a number of tax planning issues for company owners and considers both corporate and personal tax planning opportunities available.
Subjects covered include:
How Much Salary To Pay In 2012/2013 To Minimise Tax?
Should You Be Using A UK Company?
Extending The £300,000 Small Company Band
Ways To Reduce Corporation Tax
Financing A New Company Tax Efficiently
Using A Directors Loan Account To Reduce Tax
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 New 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
Tax Planning For A Disincorporation