Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
The Company Tax Changes and How to Plan for Them, Paperback / softback Book

The Company Tax Changes and How to Plan for Them Paperback / softback

Paperback / softback

Out of stock

Description

This brand new guide covers the four major tax changes that affect company owners:


  • The corporation tax increase
  • The 130% Super Deduction
  • The generous new rules for losses
  • The increase in national insurance and income tax on dividends


These important tax changes are relevant to ALL companies, including property investment companies.


The new edition (published February 2022) contains all the announcements from the October 2021 Budget.


From April 2023 there will be three corporation tax rates: 19% (profits GBP50,000 or less), 26.5% (profits between GBP50,000 and GBP250,000) and 25% (profits over GBP250,000). The higher rates will affect some companies from as early as May 2022.


This guide shows you how to maximise your tax savings both before and after the increase. In one example a company saves GBP32,250 by selling an investment property before 1st April 2023.


At present owning more than one company does not affect your tax. In the future owning more than one company (such as a property company) could result in a higher tax bill. Sometimes it will save you tax.


The guide also provides full details of the generous 130% Super Deduction that allows companies to deduct up to 130% of their spending on things like new vans, machinery, furniture and computer equipment.


We also take a look at the new rules for losses that will allow some smaller companies to bring in extra tax refunds of up to GBP76,000 and, finally, how the increase in national insurance and income tax on dividends affects company owners' salary/dividend decision.

Information

£29.99

Out of stock
Add to Basket
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information