Course Details

Pure, tax-driven incorporation was dead. Then, thanks to Kwasi Kwarteng, for a brief period it staged a comeback. Then Jeremy Hunt killed it again. Or did he? With all the twists and turns we have seen in recent months, it’s worth stopping to take a look at what the position is now. Plus there are many other good reasons, both tax and non-tax, for clients to form a company; and other tax-saving opportunities if they do.


In this session, Carl Bayley covers:

  • Comparison of the overall tax burden for small company owners versus sole traders or partnerships
  • Other pros and cons of operating a business through a company: both tax and non-tax
  • The growing divergence between the corporate and income tax regimes and the ever-lengthening list of tax reliefs now only available to companies
  • Profit extraction strategies to mitigate the tax burden on company owners
  • How does the position differ in Scotland and the other devolved nations?
  • Both trading companies and property investment companies will be covered

CPD Club

Enjoy all of the premium features of the ultimate resource for the UK Accounting Community.

Join CPD Club

CPD Course Speaker

BSc FCA, Author and Presenter

Carl Bayley

Carl Bayley is the author of a series of ‘Plain English’ tax guides designed specifically for the layperson and the non-specialist (available from www.taxcafe.co.uk). His particular speciality is his ability to take the weird, complex world of taxation and set it out in the kind of clear, straightforward language taxpayers themselves can understand. Carl takes the same approach when speaking on taxation, a role he frequently undertakes with great enthusiasm, including his highly acclaimed annual ‘Budget Breakfast’. He has spoken on taxation on radio and television, including the BBC’s ‘It’s Your Money’ programme and BBC Radio 2’s Jeremy Vine Show.

Carl is a past chairman of the Tax Faculty of the ICAEW and former member of the institute’s governing Council and Board. Aside from his tax books, Carl is an avid creative writer and is looking forward to the publication of his first novel, Trinity of Souls, in January 2024. When he isn’t working, he takes on the equally taxing challenges of hill walking and horse riding: his Munro tally is now 106 and, while he remains a novice rider, his progress is cantering along nicely.

Carl lives in the Scottish Borders, where he enjoys spending time with his partner Linda. He has three children, and his first grandchild arrived in April 2021