Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra Tax Adviser to the firm's OMB clients discuss the tax issues to consider when forming a partnership as a start-up
Once the entrepreneur has gone through the process of formulating a business plan and has raised the necessary finance he/she then needs to consider a suitable vehicle through which to carry on the business. Most people simply focus on the £10 000 nil rate tax band available to companies and neglect to think about other associated taxation issues. Although the introduction of the dividend tax (non-corporate distribution rate) has made some difference to this decision the overall impact is relatively minor and there are a number of other important issues which need serious consideration. In fact ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
Angela Lazda UK Head of Tax for Horwath Clark Whitehill and Deepak Malhotra Tax Adviser to the firm's OMB clients discuss the tax issues to consider when forming a partnership as a start-up
Once the entrepreneur has gone through the process of formulating a business plan and has raised the necessary finance he/she then needs to consider a suitable vehicle through which to carry on the business. Most people simply focus on the £10 000 nil rate tax band available to companies and neglect to think about other associated taxation issues. Although the introduction of the dividend tax (non-corporate distribution rate) has made some difference to this decision the overall impact is relatively minor and there are a number of other important issues which need serious consideration. In fact ...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
