Don’t forget about employee shareholder capital gain tax exemption
17th May 2024 | Posted in Articles by Andrew Marr
Employee shareholder status (ESS) was introduced on 6 April 2013 and was a very generous employee share incentive. Broadly it involved…
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Can you utilise your pensions annual allowance for a tax year where you have no earnings?
10th May 2024 | Posted in Articles by Andrew Marr
Most people are aware of the annual allowance which exists for pension contributions. In years up to 2022/23 the annual allowance…
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Take a cheap mortgage from your company!
3rd May 2024 | Posted in Articles by Andrew Marr
Perhaps surprisingly, HMRC has announced that the official rate of interest (ORI) for employee loans will remain at only 2.25% for…
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Spread bet your way to a tax-free remittance?
30th April 2024 | Posted in Articles by Andrew Marr
The remittance basis of taxation can apply to non-UK domiciled individuals. This means that in certain tax years they could escape…
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Business Asset Disposal Relief (‘BADR’) for 4.9% shareholdings?
19th April 2024 | Posted in Articles by Andrew Marr
When shareholders seek to claim the special 10% BADR capital gains tax rate it is a fairly well-established principle that they…
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The stamp duty land tax (SDLT) risk of de-enveloping property companies
12th April 2024 | Posted in Articles, Stamp Duty, Stamp Duty Land Tax by Andrew Marr
FA 2003 section 75A is the main piece of SDLT anti-avoidance legislation that HMRC has at its disposal to attack certain…
Read moreEmployment-related securities (‘ERS’) reporting
10th April 2024 | Posted in Articles, Employment-related securities (ERS) by Forbes Dawson
If you own a limited company which operates a share plan, or have had any share transactions involving employees or directors,…
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Double trouble when winding down unwanted offshore property structures
5th April 2024 | Posted in Articles, Capital Gains Tax by Andrew Marr
It used to be common practice for non-domiciled individuals to hold UK residential property through an offshore company. That way, a…
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The name is Bond, Insurance Bond
25th March 2024 | Posted in Articles by Marianne Cain
Gains on insurance bonds are taxed in a somewhat unintuitive way. Gains are charged to income tax and the amount taxed…
Read moreTax Table 2024
19th March 2024 | Posted in Articles, Budget by Forbes Dawson
Following the recent Budget please follow this link to our table summarising the tax rates for the 2024/25 tax year. As…
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