10% rates of tax on incorporations
8th April 2022 | Posted in Articles, Capital Gains Tax by Tom Minnikin
Remember the good old days, a decade ago? Back then, it was possible for business owners operating outside of a limited…
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Can excess cash in a company reduce inheritance tax (IHT)?
1st April 2022 | Posted in Articles, Business Property Relief by Andrew Marr
The issue Business Property Relief (BPR) is a valuable relief which can provide full relief from IHT in respect of trading…
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Don’t miss planning opportunities before corporation tax hike
25th March 2022 | Posted in Articles, Corporation Tax by Andrew Marr
The issue From 1 April 2023 the headline rate of corporation tax will increase from 19% to 25%. The precise rules…
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Residential rates for non-PPR gains?
18th March 2022 | Posted in Articles, Capital Gains Tax, Principal Private Residence Relief, Stamp Duty, Stamp Duty Land Tax by Michael Hodgson
The issue Generally speaking, where a property has been an individual’s main residence, then its disposal will attract Principal Private Residence…
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Capital gains tax uplift on death
16th March 2022 | Posted in Articles, Capital Gains Tax by Laura Hutchinson
The issue You may be familiar with the favourable tax treatment, whereby assets held at death attract an uplift to market…
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New restrictions to company purchase of own shares rules
4th March 2022 | Posted in Articles by Andrew Marr
The issue A basic legal requirement for a company purchase of own shares (CPOS) is that it takes place for cash…
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Clarity on earlier bond encashments
25th February 2022 | Posted in Articles by Laura Hutchinson
The issue “Everyone loves a top-slicing relief calculation”, said nobody ever. Calculations for tax payable on onshore and offshore bond encashments…
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Year End Tax Planning 2022
24th February 2022 | Posted in Articles, Featured Articles by Forbes Dawson
Please follow our link to access a helpful guide of tax planning tips to consider before the end of the tax…
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Where are we with dividend stripping?
24th February 2022 | Posted in Articles, Capital Gains Tax, Corporation Tax by Andrew Marr
The issue Broadly, dividend stripping is the practice of paying dividends out of a company to decrease (or ‘strip out’) value…
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What exactly is a distribution?
11th February 2022 | Posted in Articles by Andrew Marr
The issue Company distributions are subject to income tax. They have special rates and from 6 April 2022 these rates will…
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