No doubt the medals won in the Olympic Games are preciously guarded, at least for now, but in years to come many will become collectibles. What’s the tax position if you buy or sell sporting or other
memorabilia?
Published 25.10.2012
Where some of the money you gain from selling your company is deferred until future profits are known, you’ll still have to pay tax on it as if it were received all at once. This can also mean a
higher tax bill. Can you dodge either of these traps?
Published 14.06.2011
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
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
Your student son has started using Bitcoin. Now he tells you he’s done quite nicely buying and selling. So to prove you’re older and wiser, is there some good advice you can give him about the tax
consequences?
Published 09.04.2018
The shortage of bank lending has left many businesses looking for alternative funding to keep them afloat. If you’re thinking of investing, is there something you can do to get an extra tax break?
Published 08.05.2009
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
A colleague has approached you to invest/take shares in his new company. You could take cash out of your company to invest, but that would land you with extra income tax. Is there another way for
your company to invest directly?
Published 12.10.2006
If you’ve decided that the value of sterling has bottomed out and now is the time to convert your foreign currency account, watch out! The Taxman may be rubbing his hands with glee at the prospect.
So how can you ruin his mood?
Published 15.01.2009
A colleague has told you that you should invest in shares via a fund and not directly. They reckon this will save you Capital Gains Tax (CGT) on any gains that you make. Is he right? What’s the full
story here?
Published 21.12.2006