News
We regularly write articles and posts about legislation, Government initiatives, financial news, updates, issues, solutions and opinion pieces.
Family Investment Company (FIC)
A Family Investment Company (FIC) is a private company whose shareholders…
Termination Payments: Personal Tax Implications
Termination payments, often arising at the time of retirement or dismissal, can include…
Relief for Married Couples
In this article, we explore the tax reliefs available for married couples and civil partners…
Gift Relief for Capital Gains Tax (CGT)
For CGT purposes a gift made by an individual is treated as a disposal even though no money…
Season’s Greetings
We would like to wish all of our clients and associates a Happy Christmas and prosperous 2025…
Extraction of Property from a Company
Many business owners purchase rental residential properties through their company…
Employment Expenses
During employment an employee may incur expenses out of their own pocket. If these expenses qualify as allowable…
Extraction of Property from a Limited Company
As companies grow, they often accumulate surplus funds, which may be invested in non-core assets, such as buy-to-let…
Employee Ownership Trust (EOT): A Smart Succession Strategy for Business Owners
An Employee Ownership Trust (EOT) is a structure that enables businesses to be owned by their employees…
Business Asset Disposal Relief (BADR)
Formerly known as “Entrepreneurs’ Relief” BADR applies when an individual makes a material disposal of a business…
Research & Development (R&D) Tax Relief
R&D tax relief can provide significant financial support to businesses that undertake…
Restricted Securities
When an individual acquires shares in their employer’s company for an…
Residence and Split Year Rules — An Introduction
When an individual comes to or leaves the UK part way…
Double Tax Relief (DTR) — An Introduction
Double Tax Relief is an important mechanism that applies when tax is…
Purchase of Own Shares by a Company
A limited company will typically purchase its own shares when one or more…
Taxation of Residential Property Income
This article looks only at private individuals owning and renting…
Private Residence Relief (PRR)
When an individual sells their only or main residence, Private…
Probate Relief — Stamp Duty Land Tax (SDLT) Exemption
Exemption from Stamp Duty Land Tax is available if a property owned by a deceased estate…
Incorporation Relief — Transferring Property into a Limited Company
Transferring a business into a limited company is considered a disposal by the…
Inheritance Tax — Update
Inheritance tax (IHT) is a complex area of tax that needs careful consideration…
Tax Relief for Small Company Investments
The Enterprise Investment Scheme (EIS) provides tax relief to individuals…