When does a house become a home?
20th November 2020 | Posted in Articles, Capital Gains Tax by Andrew Marr
The issue The principal private residence (‘PPR’) exemption is a valuable tool which gives relief from capital gains tax for a…
Read more
Rishi’s coronavirus capital gains tax hike
13th November 2020 | Posted in Articles, Capital Gains Tax, Coronavirus by Andrew Marr
It has already been widely reported that the Chancellor, Rishi Sunak, intends to raise more money from capital gains tax (‘CGT’)…
Read more
Can abortive deal costs ever be allowable?
6th November 2020 | Posted in Articles, Capital Allowances, Capital Gains Tax by Andrew Marr
The issue Whenever a transaction completes there are usually sellers who need to calculate their capital gains and pay tax in…
Read more
Will capital losses have more value in the future?
7th August 2020 | Posted in Articles, Capital Gains Tax by Andrew Marr
The issue As a general rule when an individual makes a gain in a tax year he or she will offset…
Read more
Simple debts are not as simple as you think!
24th July 2020 | Posted in Articles, Capital Gains Tax by Andrew Marr
The issue There seems to be a fairly common misconception that an individual can claim a capital loss for a debt…
Read more
What exactly will Sajid Javid do with Entrepreneurs’ Relief?
31st January 2020 | Posted in Articles, Budget, Business Tax, Capital Gains Tax, Private Client by Forbes Dawson
The issue While many entrepreneurs are still in celebration mode after the resounding defeat of Jeremy Corbyn, there may still be…
Read more
Discharge of a director’s loan account on liquidation is not a write-off!
22nd November 2019 | Posted in Articles, Business Tax, Capital Gains Tax by Forbes Dawson
The issue There have been various rumours circulating about a HMRC ‘test case’ with the following key points: A director’s loan…
Read more
When does property ownership start for the purposes of Principal Private Residence (‘PPR’)
8th November 2019 | Posted in Articles, Capital Gains Tax by Andrew Marr
A deciding case ……… Today’s Tax Bite looks into the facts and judgement issued recently by the Court of Appeal for…
Read more
Corbyn is in and capital gains tax is 50%!
1st November 2019 | Posted in Capital Gains Tax by Forbes Dawson
This is not actually true but read on…… The issue Halloween was yesterday, although the spectre of a Corbyn led hike…
Read more
Offshore property companies need to review UK tax reporting requirements
14th October 2019 | Posted in Articles, Capital Gains Tax, Property Tax by Andrew Marr
The issue Not so long ago offshore companies did not have too much UK tax to worry about. If they received…
Read more
