HMRC’s consultation on new trust charges
1st September 2014
Posted in Articles, Featured Articles, Inheritance Tax, Trusts and Estates, Private Client, Trusts and Estates by Forbes Dawson
HMRC have proposed various changes which they suggest will help to “simplify and make fairer” the calculation of trust charges. This…
Read moreTax Bite – Benefiting from the Annual Investment Allowance where cash is tight
11th August 2014
Posted in Articles, Business Tax, Capital Allowances, Corporation Tax, Featured Articles by Forbes Dawson
In the 2014 Budget the Chancellor announced an increase in the Annual Investment Allowance (“AIA”) – which provides for a 100%…
Read moreTax Bite – Tax on Enveloped Dwellings and CGT on Non Residents
4th August 2014
Posted in Articles, Featured Articles, Non Domicilliaries, Private Client, Property Tax by Forbes Dawson
Annual Tax on Enveloped Dwellings (“ATED”) The ATED rules impose a new annual charge where UK residential property is owned by…
Read moreEBT – HMRC Lose return match to Glasgow Rangers
27th July 2014
Posted in Articles, Employee Incentive Arrangements, Employment Tax, Featured Articles, Tax Risk and Investigations, Trusts and Estates by Forbes Dawson
HMRC have lost their appeal to the Upper Tribunal, in which they argued that loans to employees from sub trusts should…
Read moreHMRC comment on status of VAT reclaims made by non-profit making sporting bodies
10th July 2014
Posted in Articles, Featured Articles, VAT by Forbes Dawson
HMRC has published details of their revised policy on the extent of the VAT exemption for sporting services by non-profit making…
Read moreForbes Dawson Seminar – 7 July 2014 – Share Schemes – UPDATE
7th July 2014
Posted in Featured Articles, Practice News by Forbes Dawson
The slides from this seminar are now available here. Monday 7 July 14.00-17.30 including guest speakers followed by drinks and nibbles…
Read moreTax Bite – Tax free Company Disposals – Employee Ownership Trusts (“EOTS”)
3rd July 2014
Posted in Articles, Business Tax, Employee Incentive Arrangements, Employment Tax, Featured Articles, Inheritance Tax, Trusts and Estates, Trusts and Estates by Forbes Dawson
By October 2014, the UK will have a very generous tax regime for companies and their shareholders wishing to give shares…
Read moreTax Bite – Consider Employee Shareholder Status
30th June 2014
Posted in Articles, Business Tax, Employee Incentive Arrangements, Employment Tax, Featured Articles, Private Client by Forbes Dawson
There seems to be a lot of unfounded negativity about the new employee shareholder status regime. Our view is that this…
Read moreTax Bite – Entrepreneurs Relief on an Investment which becomes a Trade
19th June 2014
Posted in Articles, Business Tax, Featured Articles, Private Client, Property Tax by Forbes Dawson
Interestingly Entrepreneurs’ relief is available on a share disposal if all qualifying conditions are met for a year up to disposal….
Read moreTax Bite – Isle of Man residents can receive tax free dividends from UK companies
11th June 2014
Posted in Articles, Featured Articles by Forbes Dawson
This is relevant for relevant for shareholders of UK companies who are resident in Isle of Man or thinking of moving…
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