Consider using the personal item remittance exemption
29th September 2023
Posted in Articles by Andrew Marr
The remittance basis of taxation, although its accessibility has been curtailed in recent years, allows certain non-domiciled individuals to only be…
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Maximising Business Asset Disposal Relief – but beware the IHT!
25th September 2023
Posted in Articles by Michelle Hogan
Since the reduction of the lifetime limit to £1 million, for capital gains attracting Business Asset Disposal Relief (BADR), business owners…
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Sugar’s not so sweet tax bill
15th September 2023
Posted in Articles by Michael Hodgson
The Sunday Times recently published an article claiming that Lord Alan Sugar had tried to avoid paying £186m in tax, by…
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Use preference shares to ‘turn on’ BADR for goodwill on incorporation?
11th September 2023
Posted in Articles, Business Asset Disposal Relief by Forbes Dawson
Before changes in the 2015 Finance Act, it was fairly common for sole traders and partnerships to sell their trade and…
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Don’t forget about the fiddly bits of holdover relief!
1st September 2023
Posted in Articles, Business Asset Disposal Relief by Andrew Marr
Apart from assets which are transferred between spouses and civil partners, the default position for capital gains tax purposes is that…
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