Extracting value from your privately-owned company

Extracting value from your privately-owned company

All shareholders and directors in privately-owned companies have an interest in how they extract value from their company. Most owner‐managers are broadly aware that there are alternative methods, with differing commercial and taxation consequences, but few owners...
Tax hikes: 3 actions to take now

Tax hikes: 3 actions to take now

Earlier this summer Tax Tuesday used not one, but two, editions to warn of future tax increases. We make no apologies for returning, an unprecedented third time, to this subject following last weekend’s news that Mr Sunak has three big tax targets already in his...
A positive response to a pivotal moment…

A positive response to a pivotal moment…

If you have not done so already, I encourage you to read Andy Key’s guest blog of last week: “A pivotal moment: opportunity or threat”. It was interesting and thought-provoking, and has got me thinking a lot about my own practice as much as it has my clients’...
9 reasons to review your tax position now

9 reasons to review your tax position now

Tax Tuesday recommends that that now is a surprisingly good time for taxpayers to step back and review their overall tax position. Consider the following 9 reasons why: 1. Your business may never have been under so much pressure 2. You may never have suffered as much...
Selling a second home? The clock is ticking for CGT

Selling a second home? The clock is ticking for CGT

There are approximately 1.2 million disposals of residential property every year in the UK. The majority of these are the sale of main residence, and therefore have no Capital Gains Tax (CGT) liability. However, if you own a second home or have a buy-to-let property...