Entrepreneurs’ Relief (ER) but not as we know it
The Spring Budget 2020 announced a significant restriction on future availability of entrepreneurs’ relief (ER) for individuals who dispose of…
Guidance on Capital Gains Tax when selling property, shares, businesses and other chargeable assets.
The Spring Budget 2020 announced a significant restriction on future availability of entrepreneurs’ relief (ER) for individuals who dispose of…
There may come a time when an individual can longer manage on their own at home and has to leave…
Enterprise zones were first launched in 2011 and are specific geographic areas that provide various tax breaks and government support.…
The Chancellor confirmed that a review into the effectiveness of Entrepreneurs' Relief has now been completed. Where this relief is…
The annual exemption for individuals is currently £12,000. From 6 April 2020, this will increase to £12,300. A husband and…
Goodwill is a subject we hear about often but interestingly is rarely mentioned in legislation. In fact, the term 'goodwill'…
A major change to the way Capital Gains Tax (CGT) is reported and paid will come into effect from 6…
Currently, capital gains on the sale of residential property in the UK are reported on the self-assessment tax return and…
Usually, if you sell an asset for less than you paid for it you would make a capital loss. As…
Businesses can claim a 100% first-year allowance (FYA) on the purchase of certain qualifying Plant and Machinery (P&M). The cash-flow…
There are a number of tax concessions available to married couples and civil partners which recognise that their financial affairs…
Gift Hold-Over Relief is a relief that defers Capital Gains Tax (CGT) when assets are given away (including certain shares)…
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