Sheltering profit in a company is fine, but keeping it in cash or investments can jeopardise entrepreneurs’ relief (ER) when you come to sell or wind up the business. Why and what steps can you take
to avoid this happening?
Published 05.11.2015
If you’re planning to sell your company, entrepreneurs’ relief can cut your Capital Gains Tax rate to 10%. But if you’re holding a great deal of cash in the company, you could lose this valuable
relief. What preventive steps can you take?
Published 12.05.2010
An important tool in the tax planner’s armoury is being able to pay out accumulated company profits as capital rather than income. This can save shareholders thousands, but the Taxman is aiming to
spoil the party. What’s the full story?
Published 04.05.2011
If you retire and sell the shares in your company, HMRC will usually approve your claim for entrepreneurs’ relief (ER). But if your company has investments on its books, you might be turned down. Why
and what can you do about it?
Published 30.04.2015
You’re winding down your business with a view to retirement. Your accountant says the best way to do this is to liquidate the company. That’s probably good advice, but how should you time the
liquidation for maximum tax efficiency?
Published 13.10.2016
You’re planning to move home and, following a neighbour’s example, you reckon you can get more by selling off part of your garden separately for development. How should you structure the deal to
obtain the best tax result?
Published 04.02.2014
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
When the time comes to close down your current company and move on to bigger and better things, or even retire, will the recent changes in capital gains rules mean you’ll have to hand over more money
to the Taxman?
Published 13.10.2010
HMRC has been forced to make changes to its approach to the anti-avoidance rule which can apply to shareholders who wind up their companies. What’s the full story?
Published 03.09.2018
Mr Osborne backed up some stark warnings in his Budget with serious tweaks to the tax regime. Here’s our take on a couple of the most important changes.
Published 07.07.2010