Using an LLP corporate partnership structure to reduce tax on trading profits
With the rise in the rate of income tax from 40% to 50% next year using a corporate partner/LLP structure could be an option for traders looking to reduce tax. . . . (to read the remainder of this article, please log in below.)
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Moving abroad to avoid the 50% rate of income tax The highest 'official' rate of income tax has increased to 50% as from 6 April 2010 (although there is a 60% effective income tax rate on income between £110K-£113K). In this article we assess how moving abroad can allow you to avoid the new 50% rate of income tax . . . keep reading