Using a company could easily save you over £10,000 in tax every year...possibly as much as £50,000. This is because UK corporation tax rates are much lower than income tax rates. Furthermore, company owners can pay themselves dividends, which are ...
 |  Author : Lee Hadnum Number of Pages : 140 Publisher : Taxcafe UK Ltd List Price: Our Price: $42.80 You Save: $4.15 (9%) Used Price : $46.95 |
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Using a company could easily save you over £10,000 in tax every year...possibly as much as £50,000. This is because UK corporation tax rates are much lower than income tax rates. Furthermore, 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.SimilarProduct