New way for preference shares to jeopardise Entrepreneurs’ Relief
17th May 2019 | Posted in Articles, Business Tax, Featured Articles, Private Client by Andrew Marr
The issue A key requirement for shareholders to enjoy Entrepreneurs’ relief (ER) is that they have owned 5% of the ordinary…
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Another Entrepreneurs’ Relief blunder!
12th April 2019 | Posted in Articles, Business Tax, Featured Articles, Private Client by Andrew Marr
The issue This week we report on another tale of Entrepreneurs’ Relief woe that has arisen in the case of Philip…
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Take stock of your provisions
22nd March 2019 | Posted in Articles, Business Tax, Featured Articles by Andrew Marr
The issue As far as stock is concerned, the accounting treatment will generally drive the tax treatment and HMRC is happy…
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HMRC threatens follower notices on loan write-offs
8th March 2019 | Posted in Articles, Business Tax, Featured Articles, Tax Risk and Investigations by Andrew Marr
The issue Before Finance Act 2010 made amendments to the legislation there was a fairly widespread piece of tax planning in…
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HMRC put a spotlight on phoenixing
8th February 2019 | Posted in Articles, Business Tax, Featured Articles by Andrew Marr
The issue On Monday HMRC issued the following ‘spotlight’: www.gov.uk/guidance/attempts-to-avoid-an-income-tax-charge-when-a-company-is-wound-up-spotlight-47 Key points are as follows: This is quite general and is…
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Entrepreneurs’ relief withdrawn for alphabet shares?
9th November 2018 | Posted in Articles, Business Tax, Featured Articles, Private Client by Andrew Marr
The issue Before 29 October 2018 (budget day) it was fairly common knowledge that various conditions needed to be met for…
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Banking Entrepreneurs’ Relief on a dilution
21st September 2018 | Posted in Articles, Business Tax, Featured Articles, Private Client by Andrew Marr
The issue In Spring 2018, the Government published a consultation setting out its proposal for allowing shareholders to retain the benefit…
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Does home working affect Principal Private Residence Relief (PPR)?
10th September 2018 | Posted in Articles, Business Tax, Featured Articles, Private Client, Property Tax by Andrew Marr
Background There seems to be something of a ‘tax myth’ about the capital gains tax position if a home worker sells…
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Company share purchase connection trap
17th July 2018 | Posted in Articles, Business Tax, Featured Articles by Andrew Marr
Company purchase of own shares As anyone who has dipped their toes into the waters of tax will know, a purchase…
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The new improved Substantial Shareholdings Exemption
12th January 2018 | Posted in Articles, Business Tax, Corporation Tax, Featured Articles by Forbes Dawson
The Substantial Shareholdings Exemption (‘SSE’) was introduced in 2002 as part of the government’s drive to make the UK a better…
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