This guide looks at some of the tax issues of particular relevance to personal and family companies, both from the perspective of the company itself and the directors and shareholders behind the company. In particular, it explains the corporation tax charge on the company and outlines some tax planning strategies to minimise that charge in a legitimate fashion. It also explains how the company can obtain relief for any losses that it makes.
The guide also considers the role of the family company as an employer, and sets out the company’s obligations in this role.
The guide covers:
And more. Take a look inside this report to see further details of what is covered.
This guide is for families considering whether to start a family company, as well as current directors of family businesses who'd like to read the most up to date tax planning tips and strategies.