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Accountants in Bristol for a Property Company
One way in which a property developer can save tax would be to run their business using a Limited Company.
The most attractive reason for setting up as a Limited Company is the ability to pay tax at more favorable rates then as a soletrader. The profit your business generates would be assessed under corporation tax at just 20% regardless of the profit you make or other income you earn.
The property sector continues to be an ever-changing environment and here at Elite Financial Accounting we actively monitor the latest HMRC stipulations to ensure you are the most tax efficient you can possibly be!
All of our clients are welcome to visit us for an initial informal chat to discuss their options and the best strategy moving forward.
Please contact us if you need further advice, have any questions about our services, would like a free consultation.