With the reintroduction of the impact of Associated Companies, we need to consider the treatment for tax purposes of our Holding Companies. Are they an associated company or not? Are they a passive holding company? Why does it matter?
How will this affect you? What will be the impact on your tax bill? Let's take a look at when a Holding Company is associated and when it is not.
In this video, you will discover:
What is a passive holding company?
What conditions are there to classify as a passive company?
What do you need to do to tick the eligibility criteria?
What is the impact on your company tax if it is classified as an associated company?
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DISCLAIMER: Please be advised that the content of my media is my personal opinion and is intended FOR GENERAL INFORMATION PURPOSES ONLY, not specific tax advice. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker. Making decisions on your tax position and investment decision is your own and appropriate specific targeted advice from a qualified accountant or tax advisor should be sort. The speaker will not be held responsible for any losses or gains based on decisions made following watching this video. Always do your own research and seek advice from an appropriately qualified professional.
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