Should you decide to sell your shares in the company you can look forward to paying just 10% tax on any capital gain you make. However, a simple oversight can mean you losing out on this tax break.
How can you avoid the trap?
Published 12.09.2014
If you make a gain from the sale of a personally-owned building that was once used by your company in its trade, it won’t qualify for the special 10% capital gains tax rate. What steps can you take
to ensure that it does?
Published 10.12.2013
You set up a business several years ago and it’s been successful. You’re looking to bring in a new investor by offering shares in your company. Should you sell some of your shares or get your company
to issue new ones?
Published 30.03.2017
You plan to wind up your current business and use the money to start a new one. Your accountant warns that tax anti-avoidance rules might block the tax break on the old business. How can you prevent
this?
Published 09.07.2018
One of your customers wants to expand their business; to raise finance for this they’ve offered you and your fellow directors a stake in their company. Is it more tax efficient for you to invest
personally or through your company?
Published 01.10.2013
You want to sell the family business but a few die-hard minority shareholders are blocking the deal. Can you force their hand to sell and what steps could you take to avoid this type of problem
happening in the first place?
Published 19.01.2017
New tax rules will block some of the tax advantages usually given to owner managers when they sell or wind up their company. How might these affect you?
Published 23.02.2016
Our subscriber has read that using a room in his home exclusively for work can result in a capital gains tax bill (CGT) when he sells his home, but that this rule can be dodged by keeping private
possessions in the room. Is this correct?
Published 12.06.2023
HMRC has recently changed its stance on business owners who use their companies to shelter profits. This seems like good news, but what’s the full story?
Published 27.11.2017
You’ve converted a room in your house into a study so that you can work at home more often. A colleague tells you that this can mean that you’ll lose some of the capital gains tax relief that usually
applies to homes. Is he right?
Published 04.05.2016