Making a loss when you sell your home?
One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions is Private Residence Relief, which…
Guidance on Capital Gains Tax when selling property, shares, businesses and other chargeable assets.
One of the most often used and valuable of the Capital Gains Tax (CGT) exemptions is Private Residence Relief, which…
Topics:- Worthless assets and negligible value claims Where an asset has been lost or destroyed or the value of the…
If you are selling your business, there are some important actions you must take in order to properly finalise your…
From a capital gains tax perspective, there are significant tax savings to be had if a property has been the…
Entrepreneurs' relief applies to the sale of a business, shares in a trading company or an individual’s interest in a…
Currently, if a property has been occupied at any time as an individual’s main private residence, the last 18 months…
Goodwill is a term we hear about often, but interestingly, is rarely mentioned in legislation. In fact, the term 'goodwill'…
Currently, the due date for paying any Capital Gains Tax (CGT) owed to HMRC is the 31 January, following the…
Under current rules up to 100% of chargeable gains can be set against carried-forward capital losses. For accounting periods ending…
The First-Tier Tribunal (FTT), in the case of Villar v Revenue and Customs examined whether the disposal of goodwill was…
Entrepreneurs' Relief (ER) can be a valuable relief when selling your business, your shares in a trading company or your…
The majority of gifts made during a person's life are not subject to tax at the time of the gift.…
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