Gift Hold-Over Relief is a deferral of Capital Gains Tax when assets are given away or sold for less than they are worth to help benefit the buyer.
Every business is different, but, the one commonality we all share is that we want to save time so that we can work on our businesses not in the day to day.
We all like to see what they are getting for the extra money and how they are treated just to see if we think it’s worth it.
We recently looked at why all businesses need professional indemnity cover, but the ‘What’s the worst that could happen?' comment warrants explanation.
The new super-deduction tax break is available on most new plant and machinery investments that ordinarily qualify for 18% main rate.
Whenever we talk about retirement, the focus tends to be on pensions, with an assumption that everything will fall into place.
A new temporary extension to the eligible carry back period for trading losses has been announced allowing trading losses to be carried back for 3 years.
It’s difficult to quantify the impact of the pandemic on children. The regular rhythms of childhood and adolescence gone indefinitely.