News from moneyextra.com
Corporate Tax Strategies
There are numerous corporate tax strategies available to ensure that you get the most from your business. The corporate tax strategies can be used to increase the financial efficiency of your company and where possible ensure the minimum amount of tax payable is paid. Companies and their owners are often unaware of the options available to them. We use a number of tax specialists to offer the corporate tax strategies and they can be used in many situations.
For example, capital allowances can be claimed on commercial buildings that you own. Most people claim capital allowances to some extent, but the range is huge and often not used to its full extent. The savings can go up to 50-60% of the building value and it does not matter when the building was purchased. This particular corporate tax strategy does not work for buy-to-let properties.