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tax on investment in a company
theGrinch
Posts: 3,133 Forumite
in Cutting tax
if you have company A with a pre tax profit of £200k and you want to either start a new company or buy an existing company for say £100k; does the company get any tax breaks?
just been readin around IR site, but still confused. thanks
just been readin around IR site, but still confused. thanks
"enough is a feast"...old Buddist proverb
0
Comments
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Short answer is no.
The long answer is it depends how you do it and how much of the existing company you buy and who else owns the other parts in it.
NeilW0
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