GIFTING-SHARES

Accounting standards and taxable profit: In Hart St Maltings Ltd v HMRC [2023] UKFTT 860 (TC) (12 October 2023), a company was a small property developer that had purchased a building for conversion into two separate properties and at the end of the...

Anthony Newgrosh (BLK Tax) answers a query on the tax consequences of giving an adult child shares in a private family company.

Martin Mann provides guidance on the taxation of gift of shares in a family company