You’ve decided to retire and sell your shares in the family company, but neither the family nor the company can afford to buy you out all at once. Yet if you sell in stages you’ll pay more tax. How
can you sell and keep your tax bill down?
Published 17.05.2011
Sheltering profits from your business in a company is all well and good, but at some point you’ll want to retire and get your money out. When the time comes how can you ensure maximum tax efficiency?
Published 11.06.2013
If you’re intending to sell your shares back to the issuing company, it’s usual to ask the Taxman to apply Capital Gains Tax (CGT) to the sale rather than income tax. But is this always the best
option and do you have a choice anyway?
Published 13.12.2012
You’re winding down your business with a view to retirement. Your accountant says the best way to do this is to liquidate the company. That’s probably good advice, but how should you time the
liquidation for maximum tax efficiency?
Published 13.10.2016
The Taxman’s concession for companies closing down is to go, probably in April 2012. However, the Treasury Solicitor has just scrapped his equivalent concession with immediate effect. Could this mean
higher tax bills for shareholders?
Published 28.11.2011
An important tool in the tax planner’s armoury is being able to pay out accumulated company profits as capital rather than income. This can save shareholders thousands, but the Taxman is aiming to
spoil the party. What’s the full story?
Published 04.05.2011
You’re retiring soon and your fellow shareholders want to buy you out. The trouble is they don’t have the cash and paying you in dribs and drabs will cost you extra tax. How can you get your money
out tax efficiently?
Published 27.11.2013
After a difference of opinion on the future of your company your co-director has agreed to sell her shares to you. You’ve arrived at a fair price, but the trouble is you now have to find the cash.
What’s the most tax-efficient way to do this?
Published 21.06.2013
A tribunal recently considered the tax consequences of a director investing company money into his personal bank account. The judgment didn’t go well for the director, but does this ruling mean this
type of scheme can never work?
Published 13.12.2012
HMRC has issued new guidance to companies where they purchase their own shares. It includes useful tax-saving advice for married couples who both own shares in the same company. What’s the full
story?
Published 09.09.2014