Lakshmi Narain sets out some key tax issues for advisers to consider this month.
Paul Howard explains how relief under TCGA 1992 s 165 applies to a gift of shares.
The Capital Gains Tax (Annual Exempt Amount) Order, SI 2012/881, provides that amount which – by virtue of TCGA 1992 s3(2) – is the annual exempt amount for 2012/13 unless Parliament determines otherwise is £1
The Chartered Institute of Taxation has published a 17-page guide to technical points raised with HMRC on the operation of capital gains tax entrepreneurs’ relief.
With more examples emerging of HMRC seeking information about non-UK assets to check there are no remittances, Richard Clarke notes non-doms may be forced to review these to ensure compliance.
Erika Jupe and Clara Snow examine its pros and cons.
Paula Tallon discusses a dilemma facing many family businesses.
Roll-over relief is a valuable relief for businesses but the legislation is complex in parts. Paula Tallon examines some of the basic requirements and highlights some planning opportunities.
HMRC has designated LIFFE Administration and Management as a recognised stock exchange under ITA 2007 s 1005(1)(b) with effect from 26 September 2011.