Treaties can help offshore companies pay tax at less than 25%
13th September 2024
Posted in Articles by Andrew Marr
From 1 April 2023 the headline rate of UK corporation tax increased from 19% to 25%. However, companies with low profit…
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Do not accept invalid tax enquiries!
23rd August 2024
Posted in Articles by Andrew Marr
We are seeing and hearing about an increasing number of HMRC errors in relation to tax enquiries. I am not just…
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The trouble with rescindable contracts
16th August 2024
Posted in Articles by Andrew Marr
Once again taxpayers are quaking in their boots about the prospect of a possible increase in capital gains tax. The most…
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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…
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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…
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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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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…
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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…
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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…
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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…
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