I have a client that has two company's. One profit making and the other loss making
Oliver Letwin the other day returned to the theme of a flat tax.
Does a Private Investment Company attract corporation tax if it's only income is the dividend payment from a trading company it is a 50% shareholder of.
Client paid Corp tax for correct amount on 26 June to HMRC although it isn't due until 1st November.
Saatchi & Saatchi founder Lord Saatchi has called on the government to offer major tax cuts to the UK’s small firms.
A Ltd is a full subsidiary of B Ltd.
A is taken into administration and liquidated resulting in capital losses. B wishes to utilise these losses via group relief.