Wednesday 16 August 2017

How mixed partnership work for tax planning purposes

A mixed partnership is a business strategy in which, for example, you form a limited company to manage your properties. This limited company becomes a formal partner in your business.

This business structure is ideal for people who manage their own properties, but find it’s not viable to fully incorporate their business. Making the limited management company a partner makes incorporation simpler if you wish to do so later.

Read the article in full on the Turner Little Blog.