Pay fees upfront to take the sting out of private school VAT
20th October 2023 | Posted in Articles by Andrew Marr
Once again, we face the prospect of VAT being applied to public school fees, which is currently generally not the case…
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Maximise rate at which corporate losses are relieved
13th October 2023 | Posted in Articles, Corporation Tax by Andrew Marr
From 1 April 2023 the main rate of corporation tax increased from 19% to 25%. Before this date, all companies paid…
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Portugal’s ‘peri peri’ good tax deal may be closing…
6th October 2023 | Posted in Articles by Angela Carey
One increasingly common way for individuals to limit their tax exposure is for them to go non-resident. Emigration can be particularly…
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Consider using the personal item remittance exemption
29th September 2023 | Posted in Articles by Andrew Marr
The remittance basis of taxation, although its accessibility has been curtailed in recent years, allows certain non-domiciled individuals to only be…
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Maximising Business Asset Disposal Relief – but beware the IHT!
25th September 2023 | Posted in Articles by Michelle Hogan
Since the reduction of the lifetime limit to £1 million, for capital gains attracting Business Asset Disposal Relief (BADR), business owners…
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Sugar’s not so sweet tax bill
15th September 2023 | Posted in Articles by Michael Hodgson
The Sunday Times recently published an article claiming that Lord Alan Sugar had tried to avoid paying £186m in tax, by…
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Use preference shares to ‘turn on’ BADR for goodwill on incorporation?
11th September 2023 | Posted in Articles, Business Asset Disposal Relief by Forbes Dawson
Before changes in the 2015 Finance Act, it was fairly common for sole traders and partnerships to sell their trade and…
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Don’t forget about the fiddly bits of holdover relief!
1st September 2023 | Posted in Articles, Business Asset Disposal Relief by Andrew Marr
Apart from assets which are transferred between spouses and civil partners, the default position for capital gains tax purposes is that…
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Should I gift my property to my company?
25th August 2023 | Posted in Articles, Capital Gains Tax, IHT, Inheritance Tax, Trusts and Estates, Private Client, Property Tax, Stamp Duty Land Tax by Tom Minnikin
We were having a debate in the office this week about what is the costliest mistake that anyone had come across…
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Is it OK to breach transactions in securities legislation?
21st August 2023 | Posted in Articles, Business Asset Disposal Relief, Capital Gains Tax, Private Client, Tax Risk and Investigations by Andrew Marr
Transactions in securities legislation (TISL) has been around for a long time and the legislation has gone through some changes, most…
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