This guide is designed to provide an invaluable source of money-saving advice for anyone who advises or runs a family or owner-managed company. It examines a wide variety of tax planning matters from the viewpoint of the company, its working and non-working shareholders and its employees. This fully updated new edition contains effective strategies for dealing with particular problems and opportunities for family and owner-managed companies, including: Extracting funds; Remuneration strategies; Benefits and expenses; Succession planning and passing on the company; Selling and winding up the company; Reorganising shares and trading activities (including share buybacks); Dividend strategies; Employee share schemes and pension scheme strategies. The 2014/15 edition of this essential book contains the very latest tax planning strategies and demonstrates how to keep tax liabilities to a minimum. It is fully updated to the latest Finance Act. Worked examples illustrate complex points throughout, and each chapter concludes with useful checklists of planning points referring to the tax position of different parties.Contents: 1 The Family and Owner-Managed Company, Tax Planning Concepts, and Tax Avoidance; 2 Extracting Funds from the Company; 3 Shareholding and Corporate Structures; 4 Trading Company versus Investment Company Computations under CTSA; 5 Remuneration Strategies; 6 Personal Service and Managed Service Companies; 7 Benefits and Expenses; 8 Providing shares to employees; 9 Distribution of profits and dividend planning; 10 Pension Scheme Strategies; 11 Share Issues and Financing the Company's activities; 12 Expanding the Company's Activities and Structuring Business Acquisitions; 13 Share Transfers, Share Buy-Backs and Company Reorganisations/Demergers; 14 Valuing a Family or Owner-Managed Company; 15 Selling the Owner-Managed Business or Company; 16 Winding-Up, Administration of Companies, and Disincorporation; 17 Succession Planning and Passing on the Family or Owner-Managed Company. Previous print edition ISBN: 9781780431666.
Tax Planning for Family and Owner-Managed Companies 2014/15