Blogs

Finance and Accounting

Take dividends while you can

For personal and family companies, a tax efficient strategy for extracting profits is to take a small salary and to extract any further funds needed

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Finance and Accounting

SDLT Multiple Dwellings relief

Multiple dwellings relief’ (MDR) allows a rate to be charged at the percentage payable on the ‘average value’ price (referred to as the ‘Average Value

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Finance and Accounting

Limited liability partnerships

A limited liability partnership (LLP) is not a partnership but a body corporate with a difference – there are no shareholders or guarantors (as there would be

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Finance and Accounting

Loans to participators

Where a close company (or LLP) makes a loan (otherwise than in the ordinary course of a business) to an individual who is a participator

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