Stephen Smith sets out the practical lessons from the Paul Daniel case concerning a taxpayer who realised a substantial capital gain whilst purporting to be working full-time abroad
EIS and taper relief
In Essack, the FTT decided that a payment to surrender a share option fell within ITEPA 2003 s 401 because it arose on the termination of employment. This seems at odds with HMRC’s guidance and another tribunal decision, writes Nigel Doran.
John Endacott discusses issues arising from the consultation document on CGT and non-residents
Entrepreneurs’ relief: was the vendor an employee?
Following the Autumn Statement announcement, the government is now consulting until 20 June 2014 on the proposals planned to take effect from April 2015, whereby non-residents disposing of UK residential property will be subject to a CGT charge.
For private clients, this Budget was ‘one of the most disturbing of recent times’, writes Robert Field.
Nigel Popplewell reviews the Budget changes, including the reduced thresholds for the ATED and 15% SDLT rate.
CGT on sale of wasting asset by executors
Your guide to the key measures from the Budget, provided by Lexis®PSL Tax and Lexis®PSL Private Client.