Holding Companies


C

cheese

Can anyone tell me the benefits of setting up a Holding company for a small
company(22 employees, 1.5 million turnover) ??

Been advised this is a good way of reducing the tax burden but have never
been told why

TIA

Cheesey
 
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J

Jonathan Bryce

cheese said:
Can anyone tell me the benefits of setting up a Holding company for a
small company(22 employees, 1.5 million turnover) ??
None that I'm aware of.
 
D

DoobieDo

cheese said:
Can anyone tell me the benefits of setting up a Holding company for a
small company(22 employees, 1.5 million turnover) ??
did you try your accountant.. you know, the one who has all your company
records, personal details and the like?
Been advised this is a good way of reducing the tax burden
the chap down the pub is always a good source of information ;p
 
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