Don’t forget about employee shareholder capital gain tax exemption
17th May 2024
Posted in Articles by Andrew Marr
Employee shareholder status (ESS) was introduced on 6 April 2013 and was a very generous employee share incentive. Broadly it involved…
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Can you utilise your pensions annual allowance for a tax year where you have no earnings?
10th May 2024
Posted in Articles by Andrew Marr
Most people are aware of the annual allowance which exists for pension contributions. In years up to 2022/23 the annual allowance…
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Take a cheap mortgage from your company!
3rd May 2024
Posted in Articles by Andrew Marr
Perhaps surprisingly, HMRC has announced that the official rate of interest (ORI) for employee loans will remain at only 2.25% for…
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Spread bet your way to a tax-free remittance?
30th April 2024
Posted in Articles by Andrew Marr
The remittance basis of taxation can apply to non-UK domiciled individuals. This means that in certain tax years they could escape…
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Business Asset Disposal Relief (‘BADR’) for 4.9% shareholdings?
19th April 2024
Posted in Articles by Andrew Marr
When shareholders seek to claim the special 10% BADR capital gains tax rate it is a fairly well-established principle that they…
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The stamp duty land tax (SDLT) risk of de-enveloping property companies
12th April 2024
Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
FA 2003 section 75A is the main piece of SDLT anti-avoidance legislation that HMRC has at its disposal to attack certain…
Read moreEmployment-related securities (‘ERS’) reporting
10th April 2024
Posted in Articles, Employment-related securities (ERS) by Forbes Dawson
If you own a limited company which operates a share plan, or have had any share transactions involving employees or directors,…
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Double trouble when winding down unwanted offshore property structures
5th April 2024
Posted in Articles, Capital Gains Tax by Andrew Marr
It used to be common practice for non-domiciled individuals to hold UK residential property through an offshore company. That way, a…
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The name is Bond, Insurance Bond
25th March 2024
Posted in Articles by Marianne Cain
Gains on insurance bonds are taxed in a somewhat unintuitive way. Gains are charged to income tax and the amount taxed…
Read moreTax Table 2024
19th March 2024
Posted in Articles, Budget by Forbes Dawson
Following the recent Budget please follow this link to our table summarising the tax rates for the 2024/25 tax year. As…
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