IR591: Corporation Tax

Also known as BN34 – Tax Treatment of Small Incorporated Businesses.

This legislation effectively raises the tax rate on profits distributed to non-company shareholders from the 0% starting rate to a minimum rate of 19%. IR591 discourages individuals from taking advantage of tax measures introduced to promote the growth of small businesses and specifically targets dividend distributions of small businesses incorporating solely or mainly for tax reasons.

Consultant Technologies does not remunerate our employees through dividends, so by working for us you are not subject to IR591.

“Joining Consultant Technologies was an inspired move. My salary was very well structured and I received it on time and without fail. They handled all the hassle involving tax. I wouldn't hesitate to refer anyone to CT.” Grant Morrison, London

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- IR35
- IR591
- S660

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