{"product_id":"9781911020202","title":"Using a Company to Save Tax 2017\/18","description":"\u003cp\u003e\u003cstrong\u003ePublication date: August 2017\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eUsing a company could save you over £10,000 in tax every year... possibly much more.\u003c\/p\u003e\u003cp\u003eWhy? Because the corporation tax rate is much lower than the top income tax rates and will be cut again in the near future. A company paying tax at 19% or less will have a lot more money left over to reinvest and grow than a sole trader or partnership paying tax at 42% or 47%.\u003c\/p\u003e\u003cp\u003eHowever, company owners also have to pay income tax when they extract money from their companies (typically as dividends) and the bad news here is that dividend tax rates were increased significantly in 2016.\u003c\/p\u003e\u003cp\u003eThis means companies no longer deliver guaranteed tax savings and the decision to incorporate has become a lot more complex.\u003c\/p\u003e\u003cp\u003eThis 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.\u003c\/p\u003e\u003cp\u003eIt also contains many useful tables which show the exact tax savings enjoyed by company owners at every profit level. These tables take account of ALL taxes: income tax, corporation tax, national insurance etc.\u003c\/p\u003e\u003cp\u003eSubjects covered include:\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cul\u003e \u003cli\u003eA plain English guide to how companies are taxed.\u003c\/li\u003e \u003cli\u003eThe benefits and drawbacks of using a company – tax and non-tax.\u003c\/li\u003e \u003cli\u003eThe exact tax savings YOU could enjoy by using a company.\u003c\/li\u003e \u003cli\u003eWhen using a company will result in a higher tax bill.\u003c\/li\u003e \u003cli\u003eHow your spouse\/partner can help you save thousands in tax.\u003c\/li\u003e \u003cli\u003eThe advantages and disadvantages of using more than one company.\u003c\/li\u003e \u003cli\u003eWhy company owners who reinvest profits can save literally tens of thousands of pounds in tax.\u003c\/li\u003e \u003cli\u003eHow to pay just 10% capital gains tax when you sell or wind up your company... plus new anti-avoidance rules.\u003c\/li\u003e \u003cli\u003eHow to put an existing business into a company.\u003c\/li\u003e\n\u003cbr\u003e\n\u003c\/ul\u003e","brand":"Taxcafe","offers":[{"title":"Default Title","offer_id":47063027646704,"sku":"9781911020202","price":34.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781911020202_p0.jpg?v=1763628797","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781911020202","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}