Documents for Business

In excess of 1,000 customisable documents covering every conceivable business issue.
Search all documents in Documents for Business

Non-resident CGT charge election

Non-resident CGT charge electionSince 6 April 2015, non-UK residents have been liable to capital gains tax (CGT) on disposals (sale or transfer) of UK residential property. Where this rule applies the cost of the property for CGT purposes (the "base c... Read more

Claim for relief for damaged asset

Claim for relief for damaged assetCapital gains tax may be payable on capital sums which derive from assets. For example, compensation payable to you for damage to an asset. However, if you use the amount received to repair or restore the asset, you ... Read more

Letter notifying reduction of EIS relief

Letter notifying EIS relief clawback eventIf you make a qualifying investment under the enterprise investment scheme (EIS), there are a number of things that can happen during the minimum holding period that lead to relief being reduced or fully with... Read more

Option for special method of cost apportionment

Option for special method of cost apportionmentIf you sell a piece of land which is part of a larger estate, a little known concession could save you some tax.General ruleThe general rule for any part disposal of an asset is that the amount of the or... Read more

EIS relief claim

EIS relief claimWhen you make a qualifying enterprise investment scheme (EIS) investment, you have the right to offset the income tax relief against your tax bill for the year before you made the investment. How can you make this claim?EIS relief - g... Read more

Notifying HMRC of a capital loss outside self-assessment

Notifying HMRC of a capital loss outside self-assessmentIf you sell an asset for less than it cost you will have made a capital loss.Usually a capital loss is claimed on your self-assessment tax return. If you don't complete a tax return you can notif... Read more

Disincorporation relief claim

Disincorporation relief claimGiven repeated attacks on the tax benefits of running a business through a company, you might decide to disincorporate. disincorporating - tax chargesIf you decide to transfer your company business and assets to an uninco... Read more

IHT spouse's domicile election

IHT spouse's domicile electionIf you are married to a UK domiciled person, but you are non-UK domiciled, the intraspouse exemption for IHT is restricted. However, it's possible to make an election that removes this restriction using our new template le... Read more

Reducing self-assessment payments on account letter

Reducing self-assessment payments on account letterIf you're in the self-assessment system you might be required to make payments on account of each year's tax liability.  However, where you expect your tax liability to be lower than the payments on a... Read more

Claim for private residence relief to apply to a former home

Claim for private residence relief to apply to a former homeWhen a marriage fails, tax planning is vital and sometimes urgent or avoidable tax liabilities can arise. An example of this is capital gains tax and the matrimonial home. Where one spouse (... Read more
Download each file separately