HMRC’s administration of the QROPS regime has the effect of making cross-border transactions far less attractive and considerably riskier than keeping funds in the UK, reports Robert Waterson.
In the case of Healy, an actor who rented a flat close to a theatre where he was performing in a long-running production, sought a tax deduction for his rental costs. Peter Vaines considers the decision of the Upper Tribunal and whether the duality of purpose test actually applies.
Martin Mann answers a query on the receipt of an earn-out by a sole shareholder of a holding company selling a trading subsidiary.
A new tool has been released by HMRC so that pension scheme members can check whether they need to calculate an annual allowance tax liability and complete a self-assessment tax return. Further details are available.
David Cohen considers how FA 2013 has created two contrasting opportunities for employee shareholders to pay little or no CGT.
Prime minister David Cameron has announced that from April 2015, married couples and civil partners will be eligible for a new transferable tax allowance, commonly referred to as the ‘marriage tax break’, which will see more than 4m couples (including 15,000 in civil partnerships) benefit from su
Principal private residence relief
Whether income taxable on company or director
Wendy Walton examines recent developments that matter in the private client arena, including High Court decisions on the application of two longstanding equitable principles
The government’s ‘shares for rights’ scheme, which allows staff to give up their employment rights in exchange for equity stakes and was introduced this month with the aim of boosting business start-ups, has been reported in the Financial Times as ‘helping to cut executive tax bills in t