The recent budget has confirmed that reduced Corporation Tax rates are here to stay in the short to middle term, whilst personal tax rates, including National Insurance, are increasing. We feel that this is now shifting the balance towards incorporating a business, even taking account of additional costs. We will be contacting clients directly who we feel should be re-examining their status. Meanwhile, if you are in business and feel that you may benefit from transferring your business into a limited company then please contact us to arrange an appointment to go through the advantages and disadvantages.
Blog