From April this year, the current (and generally more favourable) way of calculating dividends will be scrapped, with the end result being higher taxes for many.
The apparent aim of the new rules is to counteract tax planning opportunities available to limited company owners.
The question whether one should even bother operating a business through a company is being hotly debated, and those who have companies are considering disincorporating.
The lead article in the January issue of Business Tax Insider has proved a big hit. Jennifer Adams looks at and discusses the practicalities, benefits and drawbacks of disincorporation.
With the new tax year fast approaching, this is a ‘must read’ article for every business owner.
As part of our 'three-free-issue' Business Tax Insider trial, you'll get this strategy plus 9 more delivered to your doorstep.
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>> Dividend Tax Crackdown - Time To Disincorporate?
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