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....
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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....
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If you do not subscribe but are a registered user, please enter your details in the following boxes: