The Benefits of a Holding Company

The Benefits of a Holding Company

A holding company structure potentially offers significant benefits to business owners. This article sets out some of the key considerations.   What is a Holding Company?   Generally a holding company is a company set up to own the shares of other companies....
New Leeds Office

New Leeds Office

We are expanding. On Monday 17th July 2023 we will commence occupancy of our new office in Leeds City Centre: 1714 The Pinnacle 17th Floor 67 Albion Street Leeds LS1 5AA Our Guiseley office will remain open as usual. The new Sapphire Accountants Leeds office will...
Directors SSAS Pension – Benefits

Directors SSAS Pension – Benefits

A Directors Small Self Administered Scheme (SSAS) is a pension scheme which provides investment flexibility and scope for Directors to utilise pension funds to use in their business. Tax Relief The employer, which is often a Limited Company of which the Director is...
Electric Vehicles – Tax Benefits

Electric Vehicles – Tax Benefits

For a number of years the UK Government has attempted to encourage business users towards using low emission vehicles. What is the benefit of using a fully electric vehicle as a company car? Background Benefit in Kind (BIK) tax on company cars has for many years been...