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
Entrepreneurs’ relief can lower the tax rate on gains made from selling your company to just 10%. But if your company has significant cash investments this generous tax break can be jeopardised. What
steps can you take to prevent this?
Published 23.06.2014
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
Entrepreneurs’ relief (ER) was hit with two blows from the Chancellor in the Budget. If you’re considering selling your business or shares in an ER qualifying company, how might the proposed changes
affect you?
Published 26.11.2018
From April 6 the Taxman will make it much more difficult to save tax by paying dividends to your spouse. What can you do about it?
Published 09.02.2008
If you’re closing your company or selling your shares in it you’ll have to pay tax on any capital gain you make. How can you share the gain with your spouse or other family member to reduce the
overall tax bill?
Published 22.09.2020
Dividends are an efficient way of drawing income from your company and can defer when tax is payable. But HMRC has a couple of tricks to get its hands on the money sooner. What legitimate steps can
you take to get around these?
Published 31.10.2013
You’re leaving the company and naturally your fellow shareholders want you to give up your shares. The plan is for the company to buy them by instalments. That suits you, but there’s a potential tax
trap. What is it and can it be avoided?
Published 08.02.2016
When you started your company you used your own cash to fund it. Several years later the company has built up its own funds. Can you now take back some of your original stake without paying tax on
it?
Published 30.10.2018
You and your fellow shareholders want to shut down your company as it’s no longer trading. It has cash and other assets worth around £50,000. A colleague says £25,000 of this can be paid out tax
free. Is this correct?
Published 13.12.2018