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Unearned income from rental property
Comments
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londonTiger wrote: »Oh right sorry. I'm wrong on this.
I studied taxation in 2006 where the corp tax may have been 30%.
My company isn't in profit yet. (Growth phase reinvesting every penny back into business), so never had to pay corp tax but was advised by accountant dividends aren't taxed for me.
get a better accountant0 -
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londonTiger wrote: »Might to that.
So for OP there is no income tax advantage of being a limited company if OP intends to pay 100% dividends? and has to bear the cost (and time) of accounting for a limited company on top of that.
I didn't say that .0
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