Companies



About Companies

A company is a separate entity which is for the purposes of law a separate legal personality from the people who own it. The owners are called shareholders and their liability for the debts ...


Tax & Companies

The tax that is payable by a company for any particular income year will be determined by multiplying the company rate of tax against the taxable income of the company. This will produce a tax liability ...


Other Company Tax Issues

The Commissioner may deem advances or loans to shareholders or directors as dividends paid by the company where he considers that the situation is in fact a mere “distribution of income” ...