A company can purchase its own shares, but the basic principle is that any amount paid in excess of the capital subscribed for the shares is taxed as a distribution. However, as Paula Tallon and Paul Howard explain, where a number of conditions are satisfied, capital gains tax treatment can be obtained for the shareholder.
Gareth Miles and Tom Jarvis highlight points to watch in practice.
The purchase of distressed companies throws up different issues from standard corporate acquisitions. Eloise Walker and Mark Ingram set out the tax issues.
Robert Langston provides a practical guide to the issues arising from corporate ownership of UK residential property.
Kate Boswell provides your refresher guide on how to make the most of charity tax reliefs.
Paul Bramall and Priya Dutta provide your refresher guide
Paul Howard and Priya Dutta provide your refresher guide.
Robert Langston with your refresher guide to the rules.
Annette Morley provides a refresher guide on this key relief.
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