You want to make a gift of shares in your family company to your grandchildren to provide income for their upbringing and to reduce the potential inheritance tax (IHT) bill on your estate. For tax
efficiency should your gift be made direct or through a trust?
Published 10.02.2021
Following last year’s hike in Capital Gains Tax (CGT) to a maximum rate of 28%, investors are looking at ways to mitigate the effects. How can you use the tax-exempt status of certain investments to
do the job?
Published 17.05.2011
With the property market slowing down in some areas, an investment in woodland has been suggested to you as an alternative. What, if any, are the tax breaks involved?
Published 28.09.2006
If stock markets are tumbling, you may be casting your eye around for alternative investments. Land and buildings can offer good returns in the long term, but are there any tax breaks to encourage
you?
Published 14.02.2008
The growing use of cyber money has forced HMRC to issue a statement regarding the tax effects for businesses and individuals. If you make a transaction in a currency other than sterling, what are the
tax consequences?
Published 20.03.2014
HMRC has recently published its view on the tax treatment of payments made to shareholders after a company’s share capital has been reduced. Does this provide you with a chance for tax-free cash?
Published 18.03.2013
You want to pass on your second home to your children as part of an Inheritance Tax planning exercise, but there is likely to be a large Capital Gains Tax bill to pay. Is there any way to avoid this
tax charge?
Published 31.03.2008
Gifts of assets are treated as transfers at market value so that a capital gain and potential tax liability can arise. What can be done to reduce or avoid such a tax charge when you make a gift?
Published 25.10.2007
When you sell a property for more than you paid for it you may be liable to tax on any gain you make. But some elements of the sale proceeds should be ignored when working out a gain. What are they?
Published 31.08.2017
To prevent parents gaining a tax advantage by shifting income to their children HMRC has tough anti-avoidance rules. Is there legitimate tax planning that company owners can use to work around them?
Published 12.12.2023