Whether you’re just starting out in business, or have been at it for a while, there are three main types of ‘trading vehicle’ to consider if you want to make...
If you organise your affairs you could pay less tax
A limited company can have many benefits, including reduced tax bills.
A £10,000 trading loss could be worth £4500 tax relief in one year and £0 in the next, or vice versa.
So choosing where and when you offset is worth proper consideration.
Landlords encouraged to spend!
Perhaps the easiest way to make significant tax savings?
For those of you who run a holiday accommodation business and live on the premises
Fixed rate tax allowances are simple to use, but may cost you additional tax
Tax effective profit extraction