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CGT


Pete Miller (The Miller Partnership) examines HMRC’s win in Hancock, where the Upper Tribunal decided that a redemption of loan notes had triggered a charge to CGT.
 
Philip Paur (Deloitte) examines further changes affecting share incentives for internationally mobile employees, which take effect from April.
 

CGT on the redemption of loan notes

Payment by a shareholder to his company

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

Andrew Goldstone and Victoria Howarth (Mishcon de Reya) review the latest private client developments that matter.
 
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