Matt asked in Business & FinanceCorporations · 6 months ago

Can a company file and pay for another companies taxes?

Hello,

My current business is doing well and I would like to register another company underneath my current one.

I pay my taxes and corporation tax for my current company however I was wondering would I be able to compile my new companies taxes/corporation tax so I can pay it all in one place?

If so, is it straight forward or is better to keep things separate?

4 Answers

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  • 6 months ago

    You could probably pull this off. You might want to consult some attorneys and accountants about setting this up so it does what you want though...

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  • 6 months ago

    It really depends a lot on factors

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  • Eva
    Lv 7
    6 months ago

    You might want to research that a bit more. If one company goes down or gets sued, it can take the other with it. You should talk to your attorney about how to structure your new business in the most advantageous way.

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  • 6 months ago

    That would depend how your companies are organized.

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