Mark McLaughlin looks at when a directors’ loan account is treated as being discharged. Directors’ loan accounts (DLAs) in owner-managed and family ... Continue Reading
Drive a harder bargain! Mark McLaughlin looks at a possible let-out from an inheritance tax charge on certain asset transactions. If ... Continue Reading
Peter Rayney looks at the potential 33.75% tax charge that can arise on many management buyout deal structures. The close company loan to participator ... Continue Reading
Sarah Bradford highlights tax exemptions which can be used to provide tax-free benefits-in-kind to employees. The income tax legislation contains ... Continue Reading
Peter Rayney shares some valuable pointers about succession planning based on a recent client experience. Vincent was at home recovering from a very nasty ... Continue Reading
Mark McLaughlin looks at tax relief claims for taxpayer loans to businesses which are later written off as irrecoverable. Introduction It is fairly common for ... 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 highlights an important distinction between the incorporation of an ‘ordinary’ partnership of individuals and a limited liability partnership ... Continue Reading
Lee Sharpe considers the latest update on the Loan Charge, announced 20 January 2020. HMRC has updated its guidance on the Loan Charge. The updated guidance may ... Continue Reading
Lee Sharpe looks at the findings and recommendations of the recently published Independent Loan Charge Review, together with the government response. (See 'Footnote' ... Continue Reading
