Buyers beware of an old stamp duty trap
25th October 2016
Posted in Articles, Business Tax, Corporation Tax by Andrew Marr
Consider the substantial increase in the stamp duty payable between these two similar situations. On 5 May 2016, Large Company Plc…
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Elect to pay less tax on a ‘failed PET’
14th October 2016
Posted in Inheritance Tax, Trusts and Estates by Laura Hutchinson
The Issue Perhaps the most straightforward form of IHT planning is to make a gift of assets and then survive 7…
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Don’t assume Entrepreneurs’ Relief on LLP liquidation
7th October 2016
Posted in Articles, Business Tax by Andrew Marr
The Issue Usually, a limited liability partnership (LLP) is treated like any other partnership for tax purposes. That means that the…
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Cherie Blair targets nasty buy-to-let interest rules
30th September 2016
Posted in Articles, Private Client, Property Tax by Andrew Marr
The Issue The terrible news is still slowly filtering down to landlords that the Government is out to get them. From…
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Yet another change to the taxation of residential properties
23rd September 2016
Posted in Articles, Property Tax by Rebecca Bedford
In recent years there have been a number of changes to the rules governing what expenses/allowances are allowable for buy-to-let landlords…
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Big fines for non UK residents in respect of late capital gains returns
9th September 2016
Posted in Articles, Property Tax, Tax Risk and Investigations by Forbes Dawson
The Issue Since 6 April 2015 any disposal of UK residential property falls within the UK tax regime. There is now…
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Benefit of existing trust under new non-dom rules
2nd September 2016
Posted in Articles, Non Domicilliaries, Private Client by Laura Hutchinson
After an initial consultation, HMRC have published their comments on the changes to the taxation of non-UK domiciliaries from 6 April…
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‘Scary’ HMRC document suggests further clamp down on schemes
30th August 2016
Posted in Articles, Tax Risk and Investigations by Andrew Marr
Background The latest consultation considers granting additional powers to HMRC to tackle tax avoidance. The effects will be wide ranging and…
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HMRC to sacrifice salary sacrifice!
19th August 2016
Posted in Articles, Employment Tax, Private Client by Andrew Marr
Last week, HMRC published a consultation document which sets out its proposals to tax benefits-in-kind provided through salary sacrifice schemes. Salary…
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Can we still extract reserves at 10%?
5th August 2016
Posted in Articles, Business Tax, Private Client, Tax Risk and Investigations by Andrew Marr
Background HMRC continue their battle against taxpayers who seek to extract funds from their companies at low 10% Entrepreneurs’ Relief rates…
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