Autumn Budget 2024
The chancellor unveiled her Autumn Budget on 30 October 2024. There were a number of noteworthy announcements. Some of the key items are...
Private Residence Relief (PRR)
When an individual sells their only or main residence, Private Residence Relief (“PRR”) can exempt all or part of the capital gain. The...
Probate Relief — Stamp Duty Land Tax (SDLT) Exemption
Exemption from Stamp Duty Land Tax is available if a property owned by a deceased estate (i.e. a ‘probate property’) is purchased by a...
Incorporation Relief — Transferring property into a Limited Company
Capital Gains Tax (“CGT”) Issues Transferring a business into a limited company is considered a disposal by the individual, with the...
Inheritance Tax — Update
Inheritance tax (IHT) is a complex area of tax that needs careful consideration both in life and at the point of death. IHT is...
Tax Relief for Small Company Investments
Enterprise Investment Scheme (EIS) The Enterprise Investment Scheme (EIS) provides tax relief to individuals who invest in qualifying...
Permanent Establishment in the UK by Non-resident Company
A company not incorporated in the UK is classified as a non-resident company. Non-resident companies with UK-source profits are subject...
EMI Share Options
Overview EMI share options are a tax-advantaged HMRC-approved scheme designed to reward selected employees and help organisations attract...
