Category Archives: Personal Tax

FICs are a solution primarily aimed at family wealth preservation. Until 2006 the usual strategy to preserve family wealth would have been the trust, but tax changes since 2006 have made the use of a trust less attractive.

What is a FIC and why are they gaining in popularity?

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 23rd April 2021

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If some or all of these changes are implemented, this could still result in a significant overhaul in the taxation of passing on wealth.

Inheritance Tax and Trusts: Changes so far and changes to come?

Reena Bhudia - rbhudia@goodmanjones.com

Updated on 31st March 2021

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A Picture of Richard Verge - Tax Director

The super deduction of 130% for capital expenditure and an extension of tax relief on business losses incurred during the lockdown came as a pleasant surprise.

Spring Budget 2021

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 5th March 2021

Categories:

A Picture of Aidan Roberson - Tax Manager

Family businesses could see three key areas impacted by changes to capital gains tax proposed by the Office for Tax Simplification

What do the changes to CGT mean for family businesses?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 7th December 2020

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With glimpses of the end of the pandemic in sight, it would seem prudent to accelerate existing plans for company liquidations and asset disposals ahead of the Budget expected next spring.

Back to the Future for CGT?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 12th November 2020

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Unprecedented times give the opportunity for bold thinking and reform, which may be tempting for a Chancellor who has declared himself to be “unencumbered by dogma”. So what might he do?

Coronavirus and the Future of Tax

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 3rd September 2020

Categories:

We've been talking through some of the questions which clients have been grappling with in recent weeks. One I've been asked a number of times are from employers concerned about their employees being able to continue to afford contributions into their auto-enrolled pensions. What options do they have at the moment?

Financial Planning priorities for employers and individuals – 2020

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 22nd February 2021

Categories:

A Picture of Janet Pilborough-Skinner - Partner

What could affect private individuals, both in the UK and abroad, who may be watching what the UK does with interest?

Who will pay for the Government’s Coronavirus support? – What higher rate tax-payers need to consider now

Janet Pilborough-Skinner - Partner - jpilborough-skinner@goodmanjones.com

Updated on 29th June 2020

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If the crisis drags on for several more weeks then you could easily breach the 60 day limit in 2020/21.

Can’t travel due to COVID-19 – what happens about my tax residency?

Aidan Roberson - Tax Manager - aroberson@goodmanjones.com

Updated on 16th April 2020

Categories:

We want to reassure you that our service to you will continue, despite the disruption caused by the measures required in response to the Covid-19 pandemic.

Covid-19: Goodman Jones working remotely in order to support you

Cetin Suleyman - Managing Partner - csuleyman@goodmanjones.com

Updated on 23rd March 2020

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Category Archives: Personal Tax

FICs are a solution primarily aimed at family wealth preservation. Until 2006 the usual strategy to preserve family wealth would have been the trust, but tax changes since 2006 have made the use of a trust less attractive.

What is a FIC and why are they gaining in popularity?

If some or all of these changes are implemented, this could still result in a significant overhaul in the taxation of passing on wealth.

Inheritance Tax and Trusts: Changes so far and changes to come?

The super deduction of 130% for capital expenditure and an extension of tax relief on business losses incurred during the lockdown came as a pleasant surprise.

Spring Budget 2021

Family businesses could see three key areas impacted by changes to capital gains tax proposed by the Office for Tax Simplification

What do the changes to CGT mean for family businesses?

With glimpses of the end of the pandemic in sight, it would seem prudent to accelerate existing plans for company liquidations and asset disposals ahead of the Budget expected next spring.

Back to the Future for CGT?

Unprecedented times give the opportunity for bold thinking and reform, which may be tempting for a Chancellor who has declared himself to be “unencumbered by dogma”. So what might he do?

Coronavirus and the Future of Tax

Financial Planning priorities for employers and individuals – 2020

What could affect private individuals, both in the UK and abroad, who may be watching what the UK does with interest?

Who will pay for the Government’s Coronavirus support? – What higher rate tax-payers need to consider now

If the crisis drags on for several more weeks then you could easily breach the 60 day limit in 2020/21.

Can’t travel due to COVID-19 – what happens about my tax residency?