Mark McLaughlin warns that penalties for tax return errors may be increased if they are not disclosed to HM Revenue and Customs within a certain timeframe. Introduction The ... Continue Reading
Mark McLaughlin highlights an important factor in the availability of Capital Gains Tax Principal Private Residence Relief on the disposal of a dwelling. Introduction A ... Continue Reading
Mark McLaughlin points out that HMRC’s power to request information or documents may be wider than some taxpayers appreciate. Introduction Where a taxpayer ... Continue Reading
Mark McLaughlin highlights a case on the tax treatment of goodwill for a professional consultant who sold his business. Introduction It is common in many occupations ... Continue Reading
Mark McLaughlin warns of a potential trap concerning the late notification of overdrawn director-shareholders’ loan accounts to HMRC, where the overdrawn balance ... Continue Reading
Mark McLaughlin warns about HMRC’s response to tax ‘schemes’ that could affect company sales. Introduction A targeted anti-avoidance rule (TAAR) ... Continue Reading
Mark McLaughlin highlights an important distinction between the incorporation of an ‘ordinary’ partnership of individuals and a limited liability partnership ... Continue Reading
Mark McLaughlin highlights a potential Inheritance Tax trap when owner-managed company shares are gifted between family members. Introduction It is common ... Continue Reading
Mark McLaughlin, co-author of ‘Incorporating and Disincorporating a Business’ looks at some important considerations for company owners when disincorporating ... Continue Reading
Mark McLaughlin, co-author of ‘Incorporating and Disincorporating a Business’ (Bloomsbury Professional) looks at some important considerations for company ... Continue Reading
