The increase in the rate of Capital Gains Tax in June wasn’t welcome news if you were planning to sell your company. But entrepreneurs’ relief (ER) also received a boost. As a shareholder in a family
company how can you take advantage this?
Published 08.12.2010
If you make a gain from selling your company, entrepreneurs’ relief (ER) can reduce your tax bill if you’ve been employed by it for at least a year. However, this condition has a catch. What is it
and how can you avoid getting caught?
Published 27.11.2017
Our subscriber plans to wind up his existing business and use the proceeds to set up a new one, which would carry on a similar trade. Will the anti-avoidance rules prevent him from claiming business
asset disposal relief?
Published 02.12.2020
The new entrepreneurs’ relief can apply when you sell shares in your own company after April 5 2008. However, there is a trap concerning employees that could disqualify you. What is it and how can
you avoid it?
Published 03.07.2008
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
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
Our subscriber recently sold his shares back to her company. She made a capital gain from this which qualified for business asset disposal relief (BADR). The company has now offered her a one-off
freelance job. Might this cause her to lose the BADR?
Published 09.06.2022
You’ve decided to retire and sell your shares in the family company, but neither the family nor the company can afford to buy you out all at once. Yet if you sell in stages you’ll pay more tax. How
can you sell and keep your tax bill down?
Published 17.05.2011
Sheltering profits from your business in a company is all well and good, but at some point you’ll want to retire and get your money out. When the time comes how can you ensure maximum tax efficiency?
Published 11.06.2013
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