Conran case on distributions is overturned
21st July 2023 | Posted in Articles by Andrew Marr
Early last year we reported on the tax case involving Jasper Conran (see here). The main thrust of the case involved…
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Partnership transfers on death and capital gains tax
14th July 2023 | Posted in Articles, Capital Gains Tax by Andrew Marr
Generally, when a person dies leaving assets, their beneficiaries will benefit from a market value uplift for capital gains tax purposes….
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R & D reporting changes and why it pays to file your claim early
10th July 2023 | Posted in Articles by Adam Sutton
In the March 2023 Budget, HMRC announced that two additional reporting requirements would be introduced for companies wishing to make claims…
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Gilts have never been so tax-efficient
6th July 2023 | Posted in Articles by Andrew Marr
The issue Inflation and rising interest rates are subjects which are constantly in the news at the moment. The recent release…
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How spouses can super-charge the chattel rules
29th June 2023 | Posted in Articles, Capital Gains Tax by Andrew Marr
The issue There are special capital gains tax rules for tangible moveable property (chattels) which can include a wide variety of…
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When is a loan to a participator waived?
22nd June 2023 | Posted in Articles by Andrew Marr
The issue Section 455 CTA 2010 is a relatively well-known piece of tax legislation. It aims to apply a ‘temporary’ tax…
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Tax Tribunal rules that a paddock is non-residential for SDLT purposes
12th June 2023 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
The issue Non-residential stamp duty land tax (SDLT) rates are significantly lower than residential SDLT rates for expensive properties. This leads…
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The correct way to deal with directors’ loan accounts when selling a company
5th June 2023 | Posted in Articles, Capital Gains Tax by Andrew Marr
The issue It is fairly common for director shareholders to build up overdrawn directors’ loan accounts in their companies. If these…
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What is the deadline for transactions in securities legislation?
30th May 2023 | Posted in Articles, Business Asset Disposal Relief, Capital Gains Tax by Andrew Marr
The issue Transactions in securities legislation (TISL) has been around for a while. In very broad terms it allows HMRC to…
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Have your cake and eat it with rental property transfers
22nd May 2023 | Posted in Articles by Andrew Marr
The issue Inheritance tax planning can be a tricky area but, as a starting point, giving assets away to the next…
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