Andrew Goldstone and Charlie Sosna (Mishcon de Reya) review recent private client tax developments that matter.
In the year to March 2015, HMRC collected an additional £154m from investigations into unpaid CGT, according to London-based law firm Collyer Bristow.
No Moore relief. Experts at BKL Tax review a recent tribunal decision.
CGT avoidance on the redemption of loan notes
CGT on the redemption of loan notes
Payment by a shareholder to his company
Pete Miller (The Miller Partnership) answers a query on whether entrepreneurs’ relief will be available when an industrial design company is sold in the future.
According to accountancy firm UHY Hacker Young, taxpayers saw a 43% jump in their capital gains tax (CGT) bills last year, paying £5.5bn in CGT in 2013/14 – up from £3.4bn the year before.