You’ve owned a second property for several years and now want to sell it and buy a bigger place. The trouble is some of the proceeds will be needed to pay tax on the gain you make from the sale. How
can you avoid or reduce this?
Published 05.06.2015
April 5 2010 was the end of the road for the preferential tax status of property rented out as a holiday home. But there’s still a chance to virtually cut your Capital Gains Tax bill in half using
the old rules; what is it?
Published 12.04.2010
You’ve had an offer for your company that you can’t refuse. Trouble is, the buyer wants to pay you in shares and other securities. This could mean you’ll miss out on entrepreneurs’ relief (ER). What
steps can you take to preserve it?
Published 18.10.2011
Where you personally own your company’s trading premises, charging it rent can give you a tax-efficient income. However, this could mean losing out on entrepreneurs’ relief (ER) when it’s sold. How
do you choose between the two?
Published 31.05.2012
The good news is that Mr Osborne was persuaded to keep the 10% rate of Capital Gains Tax for entrepreneurs. However, there’s a trap that can see those who sell their business paying 15.5%. What is
it, and is there an escape route?
Published 02.09.2010
If you sell your business the buyer might offer you loan notes as payment. These can be tax efficient despite the restrictions introduced in 2010. Better still, recent changes could mean even greater
savings. What’s involved?
Published 02.09.2016
You transferred your sole trader business to a company and soon after received an offer to buy its shares. The trouble is selling now will mean losing entrepreneurs’ relief (ER). Why and what steps
can you take to preserve it?
Published 13.11.2014
Our subscriber owns a residential property which has been let for many years. He’s considering selling it but will lose a large chunk of the proceeds to HMRC. What are the options for reducing his
capital gains tax (CGT) bill?
Published 15.05.2023
Where you sell your business and entrepreneurs’ relief (ER) applies, you’ll only pay tax at 10% on any gain you make. But where you just sell assets rather than the whole or part of your business,
the Taxman argues ER isn’t due. Is he right?
Published 25.01.2012
If you and your spouse sell a property which you own jointly you’ll each be taxed on a share of any gain you make. Can you allocate and declare this in the most tax-efficient way or does HMRC have
the final say?
Published 14.05.2015