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mysgies Offline
Business Planning
 
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Join Date: Jan 2008
Saving Corporation Tax with Property? - 14-01-2008, 10:44 PM

Dear All,

My question is not new here but I am unable to find the clear answer anywhere. I am having some saving in my limited company, which I can't pass to my personal account because of reason being I will be a high rate tax payer.

I am looking for options to save the corporation tax on my company earning. Can you help me out here, the option which I am looking for buying a property on company name if it can save the tax or going for a director loan and buying a house from my personal account. I don't own any property at the moment either personal or company name.

The other option I am looking to go for some investment which can save corporation tax. I am looking for a favorable reply from all of you.

Kind regard
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colinrt Offline
Business Planning
 
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Join Date: Jan 2008
Re: Saving Corporation Tax with Property? - 19-01-2008, 08:34 AM

I'm not an expert in any shape or form but I pay £1k per month into a personal pension from my business account in order to pay less corp tax.
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