Company tax

Flow chart - employer-provided loansWhere an employer lends money to an employee or director it can count as a taxable benefit in kind. However, there are many exemptions and rules to navigate. Plus, there's an opportunity for employers and employees ... Read more

Flow chart - business asset disposal relief Business asset disposal relief (BADR) reduces the rate of capital gains tax for gains made from the sale or transfer of a business, assets of that business and sometimes part of a business. The rules are wi... Read more

Flow chart - company loans to participatorsWhere a company advances money or confers a benefit directly or indirectly to an individual who owns or has a say in controlling the company it must pay a tax charge unless the arrangement is covered by an e... Read more

Flow chart - close, dissolve and strike off a companyIf you no longer need a company, you can apply to Companies House to have it struck off. Before you do this several conditions must be met. The procedure itself is simple. However, you must also en... Read more

Flow chart - forming a limited companyLimited companies are often created specifically for tax reasons although primarily their purpose was to limit their owners' financial and other liabilities. Forming a limited company can be a simple process but i... Read more

Flow chart - pay a company dividendA dividend is a distribution of a company's profits. There are two types of dividend: interim and final. A company is not obliged to pay a dividend but when it does it can choose to pay either type. Flow chartA final... Read more