Recent Posts Tagged With 'cgt'

• Entrepreneurs could be caught out by capital gains tax loophole

  Posted on Wednesday September 10th, 2008 at 06:02 in selling a business, buying a business, cgt, exit strategies, warehousing, capital gains tax, entrepreneurs' relief, done deals

  So how did businesses take advantage of the 10% rate of capital gain tax payable on the selling of a business after the 5th April this year? Linda Bennett of LK Bennett shoes and the potato farmer behind Tyrells Crisps had a neat trick. They effect...

• CGT Earn-outs Omission

  Posted on Wednesday January 30th, 2008 at 03:28 in business news, tax issues, cgt, capital gains tax, earn-outs

  There exists a glaring omission in the new Capital Gains Tax rules - they did not address earn-outs. Thousands of entrepreneurs who sold their businesses in 2005/06 have until 31st January to sort out a CGT tax nightmare for which HMRC issued no guid...

• CGT - The Devil is the Detail

  Posted on Friday January 25th, 2008 at 04:59 in entrepreneurs, business news, tax issues, cgt, capital gains tax

  Well, what a surprise. Several hours after the chancellor announced the changes to the capital gains tax regime yesterday, a few very nasty details emerged. The first startling discovery was that ‘entrepreneurs’ relief’ is in fact ...

• Chancellor announces CGT changes for business owners

  Posted on Thursday January 24th, 2008 at 07:28 in small business, entrepreneurs, business news, selling a business, tax issues, cgt, capital gains tax

  Alistair Darling today issued a major concession to the forthcoming capital gains tax changes due to come into effect on 6th April. A new 10% Entrepreneur’s Relief is to introduced (similar to the old Retirement Relief), for business owners sellin...