Article Database
Search results: 2 article(s) found in topic: Partnerships - keyword: Limited liability
CAPITAL ALLOWANCES
Tax saving scheme with a sting in the tail
On advice from his accountant a business associate set up a tax-saving structure linking his company with a partnership. But now the first year’s accounts have been prepared it looks like he’s missed a capital allowance tax break. What is it?
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BUSINESS STATUS
Limited liability, limited choices
You’re starting a new business with a colleague and you’ve asked an accountant whether it will save you tax to run it as a limited company. He’s based his sums on various profit projections, but do these overlook something important?
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