Pete Miller (The Miller Partnership) answers a query on whether entrepreneurs’ relief will be available when an industrial design company is sold in the future.
According to accountancy firm UHY Hacker Young, taxpayers saw a 43% jump in their capital gains tax (CGT) bills last year, paying £5.5bn in CGT in 2013/14 – up from £3.4bn the year before.
Flip-flop II scheme found effective
Whether PPR available on land
Whether payment to facilitate sale deductible for CGT
Was a payment made because of an employee’s disability?
The computation of CGT and lost deposits
The new CGT charge on non-residents is now in effect, but practical issues remain surrounding its valuation and collection, writes Peter Vaines (Squire Patton Boggs).