The end of Furnished Holiday Lets (‘FHLs’) is nigh!
2nd August 2024
Posted in Articles by Andrew Marr
The final Conservative Budget in March announced that the FHL regime – which offers various advantages for individuals and companies who…
Read more
Foreign law matters when a non-UK resident company purchases its own shares
24th May 2024
Posted in Articles by Andrew Marr
In UK law a company can purchase its own shares from its shareholders. The question then arises about how this should…
Read more
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…
Read more
Section 169Q elections when there’s no more BADR
9th February 2024
Posted in Articles, Business Asset Disposal Relief by Forbes Dawson
The heady days of a £10m lifetime Entrepreneurs’ Relief allowance are now a distant memory. This was reduced to £1m in…
Read more
Do membership loan schemes work?
2nd February 2024
Posted in Articles by Andrew Marr
It is fairly common for sporting clubs to seek cheap finance from its members for various initiatives (e.g. new tennis courts…
Read more
What about Luke Littler’s expenses?
12th January 2024
Posted in Articles by Andrew Marr
There has been quite a lot of recent press coverage about HMRC popping up on Luke Littler’s Twitter (or X if…
Read more
What are the actual implications of the ‘side hustle tax’ for online sellers?
5th January 2024
Posted in Articles by Forbes Dawson
Over the past few days, much attention has been given to a new ‘side hustle tax’ coming into force from 1…
Read more
Create ‘breathing space’ for section 455 charge
15th December 2023
Posted in Articles by Andrew Marr
Any loans to participators (broadly shareholders) that are outstanding nine months after the year end will be subject to what is…
Read more
Section 455 planning between associated companies
11th December 2023
Posted in Articles by Andrew Marr
It is generally well known that a ‘section 455 charge’ will arise if a loan outstanding to a shareholder remains outstanding…
Read more
Nail down beneficial ownership with a deed of trust
4th December 2023
Posted in Articles by Forbes Dawson
In these times of high house prices and relatively low wages it is not unusual for parents to help out their…
Read more
