Lee Hadnum

Company Tax Planning Handbook Lee Hadnum

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 2016Reducing tax on dividends after April 2016Ways To Reduce Corporation TaxFinancing a new company tax efficientlyTax restrictions on interest deductions for UK companiesBudget 2016 tax changes for companiesUsing a Directors Loan Account to Reduce TaxNew Proposals For Disclosure Of Beneficial OwnersNew Capital Allowance RulesQualifying For inheritance Tax Relief When Your Company Has Large Cash BalancesWatch out for The new anti avoidance rule on the transfer of corporate profitsThe Patent Box and The 10% Rate of Corporation TaxWhen non resident companies are within the UK corporation tax regimeTrading in the UK with a UK company or LLPLiquidating companies in 2016New rules that tax distributions on liquidation as income from April 2016Maximising Tax Relief On The Purchase Of Business PremisesTransferring Property Assets Out Of A CompanyMaking Your Company Investor Ready For EIS ReliefThe Seed EIS SchemeSplitting A Company's Activities To Reduce TaxUsing A Holding CompanyShould You Rent Property To Your Company?Tax Planning For Your UK Company If You Leave The UKTransferring A UK Company OverseasUsing A UK Company In Offshore Tax PlanningSetting Up An Offshore Subsidiary Of Your UK Company To Reduce TaxStructuring Your Business Prior To A DisposalQualifying For Entrepreneurs Relief If Your Company Has Large Cash Balances