Simpson Wood

01484 534431



Corporation tax mitigation

Achieved tax saving for client of £68,000

CLIENTS PROBLEM

We have a client with an annual profit in the region of £600,000, with one associated company and a corporation tax liability in the 2011 tax year in the region of £165,000. The client was keen to try and minimise this liability without the expense of paying bonuses or using any aggressive tax planning schemes.

OUR SOLUTION

We proposed using a tax efficient investment at a cost of approximately £83,000, resulting in the company reducing their corporation tax liability to approximately £14,000.

OUTCOME

As a result of our tax planning strategy, the company has achieved an overall saving of £68,000 with potential further returns from the investment product.
testimonalright
testimonalright

CONTACT US

Please contact us so we can help you. Click here for the different ways you can get in touch.