Annavyney changed their profile picture 4 years, 5 months ago
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Annavyney replied to the topic How to use company business income to buy property in another company/Trust? in the forum Help Needed! 4 years, 5 months ago
The allocation of company profits after corporation tax to the purchase of investment property rather than distribution to the shareholders, will not generate any tax saving if you are a basic rate tax payer. Only in the event that you are a higher rate tax payer will you postpone the higher rate tax liability. Whilst it is not wise to purchase…[Read more]
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Annavyney replied to the topic How to use company business income to buy property in another company/Trust? in the forum Help Needed! 4 years, 5 months ago
The allocation of company profits after corporation tax to the purchase of investment property rather than distribution to the shareholders, will not generate any tax saving if you are a basic rate tax payer. Only in the event that you are a higher rate tax payer will you postpone the higher rate tax liability. Whilst it is not wise to purchase…[Read more]
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Annavyney became a registered member 4 years, 5 months ago
Since 2001 | Total Members: 161,654
