

There are many different circumstances where a tax advantage might be obtained by the incorporation of your sole tradership or partnership - certainly where there are high profit levels and you do not wish to extract the full amount for personal use.
Broadly speaking, if you plan to leave or reinvest money in your business, incorporation can offer real benefits as profits left in the company attract corporation tax at a lower rate than income tax.
We can advise on whether incorporating your business is right for you. Levels of tax on business profits could be reduced and you may see an increase in the amount of cash to spend. Your personal liability can be substantially reduced. However, inevitably there are some downsides and we can guide you through the various matters which need to be considered.
Tax-efficient Remuneration
Employee Share Schemes
Inheritance Tax
Capital Gains Tax
Stamp Duty Land Tax
Trusts
Valuations