For most owner-managed businesses, incentivising the people within the company (including the owners themselves) in a tax efficient way is a key concern.
Our corporation tax planning allows your business to obtain a tax deduction for the cost of offering employee benefits. At the same time, it allows those benefits to be provided in a tax efficient way.
How Does This Work?
Typically, employees (including business owners) can receive over 80% of their total remuneration packages after taxes.
Fiducia can advise on legislation surrounding corporation tax relief matters and ensure this is implemented effectively within your company.
Additionally, you can rest assured that our work is not subject to Disclosure of Tax Avoidance Schemes (DoTAS), nor is it affected by the General Anti-Abuse Rule (GAAR) that was
introduced in July 2013.
Our services take into account the most relevant and up-to-date tax legislation to ensure your business always acts within the law.
The GAAR, which can apply to a range of taxes including stamp duty and capital allowances, is designed to combat abuses of the tax system.
For your peace of mind, we will ensure that your corporation tax arrangements have been reviewed and approved by a leading tax counsel to ensure compliance.
If you would like to learn more about your corporation tax entitlements, contact Fiducia on 01625 599 200, or through our contact form and we will be glad to advise you.
Our service is tailored to the specific requirements of your business, and this flexible approach helps to ensure your needs are met.