You’re buying a holiday home abroad. You’ve been advised by a local agent to own the property through a company. Your accountant has warned that this can trigger UK capital gains tax anti-avoidance
rules. What are these and when do they apply?
Published 26.05.2022
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
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 agreed to sell your business to your employees. You and they are keen to keep the arrangements simple, the trouble is they can’t afford to pay all at once. If you agree to instalments will
this cause any tax problems?
Published 13.02.2018
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
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
In case of a break up where both you and your spouse own shares in your company, you’ll need to act fast to avoid a potentially huge tax bill. What’s the problem and how can you dodge it?
Published 19.03.2013
Our subscribers are selling their home, which incorporates an annexe. They realise that some of the gain they make won’t be covered by private residence relief (PRR). How do they calculate it and
should it be reported to HMRC?
Published 04.05.2023
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
One of our subscribers recently discovered that claiming a tax deduction for the cost of working at home resulted in a Capital Gains Tax bill when it was sold. Why, and what steps could he have taken
to avoid this?
Published 10.01.2011