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tax planning tips income tax, capital gains
L C R
Using a Company to Save Tax:
 
     Contains latest tax changes from the most recent Budget
 
By Lee Hadnum LLB ACA CTA
   

You may be able to save tens of thousands of pounds in tax and National Insurance contributions every year if you run your business through a limited company, rather than continuing as a sole trader or partnership.

Using a Company to Save Tax explains how using a limited company can save you money. The guide explains how company owners can pay themselves small salaries to keep up their National Insurance payments, but take the rest of their earnings as dividends, which face lower taxes than other forms of income. Using a Company to Save Tax also explains the benefits of forming a company with a spouse so that income can be split more evenly, which usually results in a lower total tax bill. Important reading for

   
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