De beste structuur voor een beleggingsholding

Dit artikel is nog niet in het Nederlands vertaald; de vertaling volgt binnenkort. Hieronder leest u de Engelse versie.

There isn't one best structure. The right choice depends on you, what you hold (shares, property or cash) and where you live and make decisions. A UK investor usually weighs four options: holding personally, a UK investment company, a UK holdingHoldingEen bedrijf dat vooral aandelen in andere bedrijven bezit. over trading companies, or an offshore company. As of October 2026, an offshore company run from the UK can still be taxed as a UK company ¹.

What is the best structure for an investment holding company in the UK?

The best structure is the one that fits your assets, your profits and where you actually live and make decisions. Nobody can name a winner without those facts, and the examples in this guide are illustrative, not advice.

You'll hear "holding company" and "investment company" used as if they're the same thing. They aren't, and HMRC cares about the difference.

A holding company owns shares in other companies, often to control them. An investment company holds investments like shares, property or cash for income and growth. For tax, HMRC goes by the statutory conditions (what the law actually says), not by what you call it ².

So the realistic choice comes down to four options. There's no prize for the fanciest diagram on your accountant's whiteboard.

Should you hold investments personally or through a company?

A company can help, but it adds a second layer of tax and running costs. The company pays corporation tax (the tax companies pay on their profits) first. Then you can pay personal dividend tax when you take the money out ⁵.

Three things change once a company owns your assets.

First, there are two tax layers instead of one. Second, getting money out needs a route: a dividend, or a loan, which creates a director's loan account debit (a running tally of what you owe the company) ⁵. Third, there are more accounts and filings each year ⁶.

There's also the cost of getting in. Moving shares or property you already own into a company may trigger tax or transaction charges ⁶. That bill arrives before the company has earned you a penny.

Personal dividend and capital gains tax rates aren't covered here, so check the current ones before comparing.

What does a UK investment company pay in tax?

For 2026-27, a company that counts as a close investment-holding company pays corporation tax at the 25% main rate on all its profits ². It doesn't get the 19% small-profits rate or marginal relief (the sliding scale between the two rates) ², which many investors assume it will.

Say your company makes £40,000 of profit. This is an illustrative example. An ordinary small company could pay 19%, which is £7,600 ². A CIHC pays 25%, which is £10,000 ². That's £2,400 more for the same profit, purely because of the label the rules give it.

There's an exception. HMRC's manual says the holding-company exception can cover a holding company of a trading group or a property-investment group ². Again, the conditions decide it, not what's on the letterhead.

The downsides to price in: two tax layers, extra filing, and a possible s455 charge (more on that below) if you borrow from the company ^{5 7}.

Waar zitten de grijze gebieden?

These points are grey because the rule turns on facts, not paperwork. Where a company is registered doesn't settle where it's taxed, and HMRC looks at who really makes the top decisions ¹.

How do you get money out: dividends, loans and the s455 charge?

There are two main ways to get money out of an investment company: a dividend or a loan. A dividend can mean personal dividend tax on top of the corporation tax the company has already paid ⁵. A loan to you can trigger a separate charge of 35.75% under section 455 (s455) for loans made on or after 6 April 2026 ⁷.

Start with dividends. The company pays corporation tax on its profits first. When it pays you a dividend from what's left, you may then owe dividend tax personally ⁵. That's the "two layers" people talk about. Same money, taxed twice, once in each pocket.

Loans are where the surprises happen. If you take company money for yourself without calling it a dividend or salary, it can sit as a debit on your director's loan account, which is a running tab of what you owe the company ⁵. That isn't a problem in itself. Leaving the tab unpaid is.

Section 455 is a tax on close companies, roughly companies run by five or fewer people, that lend to their owners (participators) or people connected to them ⁷. The rates as of October 2026 are:

• 35.75% for loans made on or after 6 April 2026 ⁷
• 33.75% for loans made from 6 April 2022 to 5 April 2026 ⁷

The charge is generally due if the loan is still outstanding nine months and one day after the end of the company's accounting period ⁷. You can get the s455 tax back once the loan is repaid. But HMRC says the interest charged on it is not refunded when the tax is reclaimed ⁷. A short-term loan can end up costing more than you planned.

What to do: decide how you'll take money out before you take it. If you borrow, put the repayment date in the diary, well before that nine-month deadline.

When does a holding company over trading subsidiaries make sense?

A holding company over trading subsidiaries is mostly a business-owner's structure, not an investor's one. It can separate risk between companies and ease dividends moving up through the group ⁶, and if you later sell a subsidiary, the gain may be exempt under the substantial shareholding exemption ³.

That exemption, known as SSE, applies under Schedule 7AC of the Taxation of Chargeable Gains Act 1992. As of October 2026, it can exempt a company's gain when it sells a qualifying shareholding, if the Schedule 7AC conditions are met ³. It doesn't give you a lower rate. It either exempts the gain or it doesn't ³.

SSE is about a company selling shares in another company that qualifies. A pure portfolio company holding a spread of listed shares and cash is a different animal, so don't assume the same relief follows it around.

Dividends moving up the group can also help. A company receiving dividends is often exempt from corporation tax on them, but that depends on the type and circumstances of the distribution, so check HMRC guidance ⁸. The trade-off: each extra company means more accounts, more filings and more cost ⁶. Holding companies multiply paperwork faster than rabbits.

What does one worked example look like from income to exit?

One portfolio, run through a full cycle, shows where each tax layer bites. The figures below are illustrative round numbers, not a real client, and they use only the 2026-27 rates in this guide.

Change the residence of the owner and the company's tax doesn't change automatically. That's the next section.

What changes if you live abroad or own the company from outside the UK?

Moving abroad, or registering a company abroad, doesn't on its own change where the company is taxed. As of October 2026, a non-UK company is UK tax-resident if its centrale leiding en zeggenschapCentrale leiding en zeggenschapWaar de echte strategische beslissingen van een bedrijf worden genomen, meestal daar waar de bestuurders daadwerkelijk overleggen en beslissen. is in the UK ⁴, and HMRC looks at where the highest level of control is actually exercised ¹.

Central management and control (CMC) means where the big strategic decisions are really made. HMRC treats it as primarily a question of fact ¹. Your own residence doesn't settle it alone, but if UK activity forms part of that control, UK residence is arguable ¹⁰.

Then there's information sharing. HMRC says it holds data under the Common Reporting StandardCRS (Common Reporting Standard)Het wereldwijde systeem waarin banken de gegevens en saldi van rekeninghouders doorgeven aan hun eigen belastingdienst, die ze doorstuurt naar het land waar de rekeninghouder fiscaal inwoner is. (CRS), where banks report accounts to tax offices, on around 9 million accounts from 100+ jurisdictions. That data isn't proof tax is due: residence, income type, reliefs and year rules decide.

FAQ

What is the difference between a holding company and an investment company? A holding company owns shares in other companies, often to control them. An investment company holds investments like shares or property. HMRC decides CIHC status on the statutory conditions, not the label ².

What are the downsides of having a holding company? Two tax layers, extra accounts and filings, and an s455 charge if you borrow from the company ^{5 7 6}. Moving existing assets in may also trigger tax ⁶.

What tax rate does an investment holding company pay? In 2026-27, a CIHC pays the 25% main rate with no small-profits rate or marginal relief ². Other companies may get 19% on profits up to £50,000 ².

Is an offshore company outside UK tax if I live in the UK? Not automatically. A non-UK company is UK-resident if its central management and control is in the UK ⁴.

What is the substantial shareholding exemption? It can exempt a company's gain on selling a qualifying shareholding if the Schedule 7AC conditions are met ³. It exempts gains rather than setting a rate.

Wat u hierna kunt doen

The right structure turns on where you live and spend your time, what you hold, how you'll take money out and how big the profits are. The right structure depends on your own numbers, and you can plan een gratis gesprek to have it mapped out.