Financing the company ― overview

Produced by a Tolley Corporation Tax expert

Corporation Tax

Guidance

How to raise sufficient finance to commence and continue operating is one of the most important considerations for most types of business.

There are two ways to finance a company; debt finance and equity investment. A fairly obvious sources of financing is bank finance. However there are also several types of tax efficient investment schemes available, such as the enterprise investment scheme (EIS) and venture capital trusts (VCT). In addition, there are a wide variety of tax reliefs and government grants available, which are often a valuable way to increase the cash available to finance the business.

Obtaining tax advice at an early stage to ensure that any potentially relevant reliefs are actually available can help attract and retain suitable investors.

This guidance note explores some of the options available and the relevant tax considerations for each one.

Loans

Most businesses will have to take out a loan of some sort and the tax implications will differ depending on the terms of the loan and the identity of the lender. There are a number of advantages

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Trusts and Inheritance Tax

Transfer of assets to beneficiaries ― legal, administration and tax issues

Transfer of assets to beneficiaries ― legal, administration and tax issuesThis guidance note outlines how assets are transferred to beneficiaries and the tax consequences that flow from the transfer. Whether a payment is income or capital is discussed in the Payments to trust beneficiaries guidance

14 Jul 2020 13:52 | Produced by Tolley Read more

Value Added Tax

Exporting goods ― proof of export

Exporting goods ― proof of exportIn addition to the requirements laid down in the Exporting goods ― overview guidance note, businesses intending to zero-rate exported goods must hold satisfactory evidence that the goods have been delivered to a destination outside of the UK. If satisfactory evidence

15 Dec 2020 14:02 | Produced by Tolley Read more

Employment Tax

Subsistence expenses

Subsistence expensesIntroductionSubsistence is the amount incurred as a consequence of business travel. Typically it relates to accommodation and meal costs incurred. These amounts are allowed because they are associated with the necessary travel which is not to a permanent workplace. See the Travel

14 Jul 2020 13:43 | Produced by Tolley in association with Philip Rutherford Read more

��˾��ҹ��