Tax Bite – 10% tax on Purchase of Own Shares which takes place in stages

The Issue When a company buys back shares, the proceeds will be treated as either an income distribution taxed at an…

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Tax Bite – Rights Issues can Save Inheritance Tax

Relevant Rules Business Property Relief (BPR) is valuable inheritance tax (IHT) relief which broadly applies to unquoted shares in trading companies….

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Are your clients benefiting from their full mileage allowance?

Taxpayers who use their own vehicle for travel on their employer’s business often miss out on valuable tax reliefs if they…

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