Can you recycle Business Relief?
16th February 2024 | Posted in Articles, IHT by Forbes Dawson
Business Relief (BR) is a very valuable relief which can reduce inheritance tax (IHT) on death. Perhaps the most common asset…
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Section 169Q elections when there’s no more BADR
9th February 2024 | Posted in Articles, Business Asset Disposal Relief by Forbes Dawson
The heady days of a £10m lifetime Entrepreneurs’ Relief allowance are now a distant memory. This was reduced to £1m in…
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Do membership loan schemes work?
2nd February 2024 | Posted in Articles by Andrew Marr
It is fairly common for sporting clubs to seek cheap finance from its members for various initiatives (e.g. new tennis courts…
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Capital gains tax and stamp duty land tax (SDLT)
29th January 2024 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Forbes Dawson
There seems to be quite a lot of misunderstanding about the tax implications of property exchanges. Many people appear to have…
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Can the Post Office deduct compensation payments?
19th January 2024 | Posted in Articles by Forbes Dawson
Tax blogger, Dan Neidle, has recently turned his hand to creating (well deserved) headaches for the Post Office. The tax nugget…
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What about Luke Littler’s expenses?
12th January 2024 | Posted in Articles by Andrew Marr
There has been quite a lot of recent press coverage about HMRC popping up on Luke Littler’s Twitter (or X if…
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What are the actual implications of the ‘side hustle tax’ for online sellers?
5th January 2024 | Posted in Articles by Forbes Dawson
Over the past few days, much attention has been given to a new ‘side hustle tax’ coming into force from 1…
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How are consultants taxed on share options?
22nd December 2023 | Posted in Articles by Andrew Marr
Rumour has it that when Facebook’s first office needed painting the company did not have enough money to pay the decorator….
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Create ‘breathing space’ for section 455 charge
15th December 2023 | Posted in Articles by Andrew Marr
Any loans to participators (broadly shareholders) that are outstanding nine months after the year end will be subject to what is…
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Section 455 planning between associated companies
11th December 2023 | Posted in Articles by Andrew Marr
It is generally well known that a ‘section 455 charge’ will arise if a loan outstanding to a shareholder remains outstanding…
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