VAT’s impact on a construction business’s cash flow
Our Head of VAT, David McGeachy, reveals some surprising intel and rules around VAT which may very well be the ...
30 April 2020
Putting shares in an existing company into the ownership of a holding company could provide substantial commercial and tax benefits.
If you have accumulated large cash deposits and own investment property, a holding company can be created, and a group formed to allow assets to move within the group.
If you exchange your shares in your trading company for shares in the new holding company, this will avoid a capital gains tax charge. Once in a group; group relief and the taxation of dividends received by companies means the movement of the property and cash is achieved without a charge to tax.
To put it simply, we’ll give you all the tax advice you need and we’ll organise all the necessary legal documents to set up the holding company and make the changes required to get the best tax advantages.
Our Head of VAT, David McGeachy, reveals some surprising intel and rules around VAT which may very well be the ...
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