Lee Sharpe looks at the recently-introduced cash basis of assessment applicable to landlords. It is essential readers beware that, where the cash basis can apply, it is deemed to apply automatically, unless the taxpayer elects out of the regime.
To many, the deed of variation concept is a strange animal. Malcolm Finney looks at deeds of variation and their potential effect for inheritance tax purposes.
Alix Hill looks at key features of the enterprise investment scheme and seed enterprise investment scheme. The EIS (enterprise investment scheme) and SEIS (seed EIS) both offer tax incentives to encourage investment in smaller companies not listed on any recognised stock exchange.
Andrew Needham highlights a potential VAT trap following a previous transfer of a going concern.
Mark McLaughlin reviews two recent important tax cases:
Company directors are a special case when it comes to Class 1 National Insurance contributions (NICs). Sarah Bradford highlights the National Insurance contributions rules that apply to company directors.
It’s best to get the shareholdings in a newly formed family company right on formation. This article considers some of the tax issues involved. Alan Pink points out that forward planning can be beneficial when setting up a new company.