The tax on your Company profits can be reduced in a number of ways, using
allowable expenses such as pension contributions (see pensions).
You can also reduce future years' tax by investing your Company's
capital in an asset which can grow, but which does not produce an
immediate income.
Offshore Bonds are excellent
for Company investments, particularly since tax efficient loans can be
made using bonds as security, to help in times of cash flow problems. This
is a complicated area and there are some pitfalls you should know about.
Please
contact us
for further information.