Advent Day 25 – Intercompany loans to save tax

Did you know you can loan money from your limited company to another limited company to invest in property for example without any tax consequences.

Normally you would have to take the money as a dividend or salary incurring, personal tax typically around 33.75% which would mean you need additional cash to put a deposit down on your next investment.

Speak to us to find out in more detail how this works.

#taxtips #taxsavings