In recent years, the tax advantages of incorporating a small business have diminished. UK Business owners need to think carefully before deciding whether or not to incorporate and deal with the additional compliance.
This book is a practical guide to all aspects of direct taxation of small businesses in one volume, and a perfect companion to ''VAT and Small Businesses''. It is ideal for sole practitioners and small partnerships, but will be a handy reference guide for all tax advisers.
Major topics covered by the book include:
- Taxation of business profits
- Taxation of employment
- Corporation Tax
- NIC
- Capital Gains Tax
- Inheritance Tax and Pensions
The aims of the book are to give a clear explanation of the relevant legislation and practical advice on ways of minimising clients’ tax liabilities and warning against common pitfalls.
