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Hadnum, Lee Using a Company to Save Tax ISBN 13: 9781907302558

Using a Company to Save Tax - Tapa blanda

 
9781907302558: Using a Company to Save Tax

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Using a company could easily save you over £10,000 in tax every year...possibly over £50,000. Why? Firstly, UK corporation tax rates are much lower than income tax rates. Secondly, company owners can pay themselves dividends, which are taxed much less heavily than other forms of income. Finally, setting up a company with your spouse allows you to split your income which almost always results in a lower tax bill. This plain English tax guide tells you everything you need to know about the tax benefits of running your business through a company and contains numerous examples and tax-planning tips.

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