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
It is often more tax-efficient for private, family companies to pay dividends to shareholders rather than a salary or bonus especially if the shareholder is a basic ... Continue Reading
Peter Vaines comments on the notorious Employee Benefit Trust "Loan Charge", and two important cases for Entrepreneurs' Relief and Personal Service Companies, aka ... Continue Reading
RSM UK's George Bull explains why a recent IFS report is wrong to suggest that partnerships should pay more National Insurance Contributions The title of ... Continue Reading
BKL looks at the recent Dundas case on Capital Allowances that were claimed out of time - until HMRC opened tax enquiries. When is a time limit not a time limit? ... Continue Reading
