Scrip dividends and the 10 year charge on discretionary trusts
Andrew Goldstone and Victoria Turner review recent developments in the private client sphere
Paul Davison considers HMRC v The Executors of Lord Howard of Henderskelfe (deceased) on why a gain made on the disposal of an iconic painting should be exempt from CGT
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
Martin Mann provides guidance on the taxation of gift of shares in a family company
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
HMRC has published guidance on the lifetime allowance protections which are available to individuals who have pension savings worth more than the £1.25m lifetime allowance.
Entrepreneurs’ relief: was the vendor an employee?