Recent Posts Tagged With 'tax issues'

• No increase announced in UK capital gains tax

  Posted on Wednesday December 9th, 2009 at 08:55 in business news, selling a business, tax issues

  Entrepreneurs considering selling their businesses over the next year are breathing a sigh of relief today as the chancellor, Alistair Darling, held back from lifting capital gains tax rates in today’s Pre-Budget Report. Expectations in many qua...

• Family businesses choosing to retain profits

  Posted on Thursday June 4th, 2009 at 06:39 in trends, tax issues

  One of the possibly unintended consequences of the chancellor’s recent Budget 50% tax rate hike is the encouragement of private and family businesses to keep their profits within the business. Although withdrawing money from a company attracts c...

• Entrepreneurs’ relief - the latest concession from Alistair Darling

  Posted on Tuesday April 1st, 2008 at 11:48 in business news, selling a business, tax issues, sell a business, exit strategies, capital gains tax, entrepreneurs' relief, sale of business assets

  First there was retirement relief, then there was business asset taper relief, and now there is entrepreneurs’ relief. No doubt the next government will try something else! The latest relief has been introduced following the uproar from small ...

• 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...

• Capital Gains Tax Decision Delayed

  Posted on Thursday December 20th, 2007 at 06:24 in business news, tax issues, business tax, capital gains tax

  It looks like the Chancellor is going to have a busy New Year with the Northern Rock crisis and problems over the business community’s opposition to the CGT reforms. Continuing uncertainty over the scope of the Capital Gains Tax reforms have been ...