using ltd co to buy shares ...

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Jog On replied

7 April 2007, 10:41
Just bumping this post in relation to the post about investing in property through the Ltd.

Further more, your company will be regarded as an investment company therefore any profits will be charged at 30% as opposed to 19% for small trading companies.

That's awful - regardless of turnover we have to pay higher rate of CT just for investing for growth of our companies?

So the £50k tax break for investing - comes at quite a price - why aren't I suprised...
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cykophysh39 replied

1 April 2007, 10:04
cool thanks.
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TaxesClear Ltd replied

31 March 2007, 19:28
Firstly there is no CGT allowance for companies, in addition there is no taper relief only indexation relief based on inflation which is less favorable at present.

Further more, your company will be regarded as an investment company therefore any profits will be charged at 30% as opposed to 19% for small trading companies.

Its better to keep there types of investments at personal name.

Dennis
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cykophysh39 replied

31 March 2007, 15:46
Intresting!
I had the same Idea, has anybody got any idea on this?
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reginald started a topic using ltd co to buy shares ...

31 March 2007, 13:30
using ltd co to buy shares ...

Maybe a question for the accountants NW, SJD etc who reply on here ...

Does anyone purchase shares / invest etc. in the ltd co name ?

Are there any medium/long term tax advantages through ltd co vs. doing this indiviaually ie ..
1. Are share purchases offset for annual corp tax calcs ?
2. Does the ltd co have a CGT allowance ?
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