A client carried on a business through a “one-man” limited company, which has ceased trading but has retained profits. Because he is liable to higher rate tax in retirement, he proposes to gift the shares to his wife to enable her to draw dividends
Attack on schemes threatens growth, warns tax expert
"UK should stretch its lead over other business-friendly economies"
Looking forward to the next few years of online filing with iXBRL
Risky Business (TC2408)
HMRC marks two years of mandatory tagging
A company holds shares in listed companies, unit trusts and open-ended investment companies. Advice is required on the scrip dividends received
Capital reduction demergers are rare, but they can play an important part in corporate tax planning
An inventor personally owns a patent that is licensed to his company, which exploits it. To mitigate personal tax liabilities, it has been suggested the patent be owned by a company