Statutory residence rules and deeming
19th October 2021 | Posted in Articles by Andrew Marr
The issue The UK statutory residence test was introduced in Finance Act 2013 and is now relatively well understood. Please see…
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Stamp duty land tax (SDLT), annexes, and subsidiary dwellings
11th October 2021 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
The issue Hopefully you will all be fairly familiar with the advantages of making an SDLT multiple dwelling relief (MDR) claim….
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Use loans for an inheritance tax (IHT) ‘halfway house’
1st October 2021 | Posted in Articles, IHT, Inheritance Tax, Trusts and Estates by Andrew Marr
The issue From a purely tax perspective, IHT exposure can be limited by reducing the assets held at death. As such,…
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Don’t forget to join the section 169Q!
30th September 2021 | Posted in Articles, Business Asset Disposal Relief by Andrew Marr
The issue Cast your mind back to 11 March 2020, just before the world was about to be turned on its…
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Don’t forget to transfer the inheritance tax (IHT) nil rate band!
17th September 2021 | Posted in Articles, IHT, Inheritance Tax, Trusts and Estates, Non Domicilliaries by Andrew Marr
The issue Since 9 October 2007 the inheritance tax nil rate band can be transferred from one spouse to another. Any…
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Oh no! We now have a 55.5% marginal tax rate!
13th September 2021 | Posted in Articles, Capital Gains Tax, Corporation Tax by Phil Skrynski
The issue Attentive readers of Tax Bites may notice that this is a very similar Tax Bite to the one issued…
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Salary Sacrifice – Electric Cars
9th September 2021 | Posted in Articles by Phil Skrynski
Our Personal Tax Manager Phil Skrynski hosted our first breakfast seminar of 2021 today, we had a great turn out in…
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A dormant subsidiary can save tax!
3rd September 2021 | Posted in Articles by Tom Minnikin
The recent case of M Group Holdings Ltd v HMRC highlights a quirk in the corporation tax rules for companies which…
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Issuing shares to an employee
2nd September 2021 | Posted in Articles by Michael Hodgson
The issue Companies will often seek to reward and incentivise employees with shares rather than cash bonuses. Where shares are issued…
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The Prudential case and why it is important for sale and development transactions
17th August 2021 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
The issue Transactions where developers sell some land to a buyer and then build a property on it, are quite common….
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