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Category: Blog

Blog | 3 Mins Read

The name is Bond, Insurance Bond

The issue Gains on insurance bonds are taxed in a somewhat unintuitive way. Gains are charged to income tax and the amount

Blog | 3 Mins Read

Full Expensing vs The Annual Investment Allowance –...

The issue Many companies will be starting to think about ‘full expensing’, which was temporarily introduced at the 2023 Spring Budget and

Blog | 3 Mins Read

What’s all this about double cab pick-ups?

The issue Double cab pick-ups have been in the news (at least the tax news!) over the last few weeks. I must

Blog | 4 Mins Read

How Incorporation Relief can mess up Business Asset Dispo...

The issue Section 162 TCGA 1992 is a handy piece of legislation which allows business owners to incorporate without triggering an immediate

Blog | 3 Mins Read

Can you recycle Business Relief?

The issue Business Relief (BR) is a very valuable relief which can reduce inheritance tax (IHT) on death. Perhaps the most common

Blog | 4 Mins Read

Section 169Q elections when there’s no more BADR

The issue The heady days of a £10m lifetime Entrepreneurs’ Relief allowance are now a distant memory. This was reduced to £1m

Blog | 4 Mins Read

Do club membership loan schemes work?

The issue It is fairly common for sporting clubs to seek cheap finance from its members for various initiatives (e.g. new tennis

Blog | 4 Mins Read

Capital gains tax and stamp duty land tax (SDLT) on prope...

The issue There seems to be quite a lot of misunderstanding about the tax implications of property exchanges. Many people appear to

Blog | 3 Mins Read

Can the Post Office deduct compensation payments?

The issue Tax blogger, Dan Neidle, has recently turned his hand to creating (well deserved) headaches for the Post Office. The tax

Blog | 4 Mins Read

What about Luke Littler’s expenses?

The issue There has been quite a lot of recent press coverage about HMRC popping up on Luke Littler’s Twitter (or X

Blog | 5 Mins Read

What are the actual implications of the ‘side hustle tax’...

The issue Over the past few days, much attention has been given to a new ‘side hustle tax’ coming into force from

Blog | 4 Mins Read

How are consultants taxed on share options?

The issue Rumour has it that when Facebook’s first office needed painting the company did not have enough money to pay the