Category: Articles

Business Asset Disposal Relief (BADR) — formerly called Entrepreneur’s Relief (ER) until it was renamed in 2020 — reduces the rate of Capital Gains Tax (CGT) on certain disposal of business assets from 20% to 10%.

When it comes to selling your business, it is not always as simple as walking away with cash. You might be offered other forms of consideration, and they come with their own tax implications.

Some buyers are reluctant to hand over the full business purchase price in one go. Instead, they negotiate an ‘earn out’, paying some cash up front but deferring the rest of the payment.

Running a company together is not always smooth sailing, business partners might disagree with the direction the company should take, or simply wish to exit or retire on differing timelines.

As your business develops, it is likely there will come a time you need additional external finance to help you expand. It may be important to ensure your investors receive the relevant tax incentives to enable suitable investment.

As a business grows, it is important to retain key employees and align their objectives with those of the company.

What’s best? A limited liability partnership or a private limited company?

We highlight the key challenges of the new Global Internal Audit standards, aiming to help internal auditors meet the essential requirements effectively and appropriately.

We look at the key changes proposed for the non-dom regime and overseas workday relief for expats.

What happens when a business considers claiming back VAT incurred on expenditure, via its VAT return to HMRC? Mark Ellis, VAT Partner provides a guide.

We outline the key pitfalls to be aware of when considering Principal private residence relief, or private residence relief (PRR). 

The employment-related securities (ERS) regime is very broad. It encompasses shares and other securities (including units in a collective investment scheme) acquired by an individual, who is given that right through their employment.