Tax Planning for Family and Owner-Managed Companies 2016/17

ISBN-13: 9781784513696 / Angielski / Miękka / 2016 / 1208 str.

Peter Rayney

Opis

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: The various methods of extracting funds from the company and the effect of the post-5 April 2016 dividend tax changes; Remuneration strategies and the impact of the 'disguised remuneration' legislation; The treatment of benefits and expenses, including the company car regime; Treatment of personal service companies under the IR35 regime; and Full consideration of the recent radical changes to the pension regime as it affects owner-managers and helpful planning strategies. In addition to this the main employee share schemes and arrangements are discussed, with full coverage of Enterprise Management Incentive (EMI) share option schemes. It also considers the ways in which shares can be passed to employees who are not members of the family. Detailed practical consideration is given to the potential impact of the 'restricted securities' regime in the context of relatively straightforward unapproved share awards and options. The 2016/17 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, with worked examples to illustrate complex points throughout. Each chapter concludes with useful checklists of planning points referring to the tax position of different parties.

Spis treści

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