Corporation Tax Exemption for Holding Companies

Postby Fletch on Tue Jan 10, 2006 3:57 am

I've been reading about the new "corporation Tax Exemption for the capital gains of companies with substantial shareholdings in other companies."

I have a UK Ltd, and was wondering whether I can obtain corporation tax exemption for my company by setting up a UK holding company that owns the existing Ltd.

I furthermore envisage that the UK holding company can be owned by on offshore company e.g. im the British Virgin Islands.
Fletch
 
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Joined: Wed Aug 06, 2008 3:06 pm

Postby Taxbar on Tue Jan 10, 2006 4:20 am

Why bother with something that is not easily achieved?

As a shareholder in a trading company or holding company of a trading group you will be able to sell shares and pay 10% cgt after 2 years!

Daniel Feingold
STP
info@stratax.co.uk
Taxbar
 
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Joined: Wed Aug 06, 2008 2:19 pm

Postby Fletch on Fri Jan 13, 2006 6:25 am

Thanks for you reply!.. :-)

The option you mention seems to be a good alternative!..
Fletch
 
Posts: 13
Joined: Wed Aug 06, 2008 3:06 pm


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