Hello
This time we are looking at shares, from share purchases to reorganisations.
Hello
This time we are looking at shares, from share purchases to reorganisations.
In Bostan Khan v HMRC [2018] TC0752, an individual who personally bought out controlling shareholders found that the subsequent purchase by his new company of his shares did not qualify for Capital Gains Tax (CGT) treatment. His subsequent attempt to claim that the transaction was a trade failed too.
In Vermilion Holdings Limited v HMRC [2019] TC07077, the First Tier Tribunal (FTT) found that share options granted to a director were not Employment-Related Securities. They were not issued by reason of his employment.
We are happy to promote some exciting job vacacancies in tax for the amazing tax charities: TaxAid and Tax Help for Older People.
In Philip Hunt v HMRC [2018] TC02528, the First Tier Tribunal (FTT) decided that the Entrepreneurs’ Relief test for a percentage holding in a company’s ‘ordinary share capital’ should be measured by nominal value rather than the number of shares in issue.
What was the difference between the facts and circumstances of the recent IR35 decisions on radio and TV hosts, Kay Adams, Lorraine Kelly, Christa Ackroyd and Eamonn Holmes?
Hello
This week we have something of an employment taxes special. It is now P11D season and probably a good time for an employer to consider a compliance review of the previous year and an audit of your systems.
Block of fees for sale, sole traders within self assessment trading under the VAT threshold. West Dorset, grf £28,000. An ideal purchase for someone wishing to expand their practice or for a semi-restired accountant.