Category Archives: Tax

A Picture of Richard Verge - Tax Director

Philip Hammond was only prepared to make a modest number of spending commitments in his Spring Statement

The 2019 Spring Statement – Summary

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 26th April 2019

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We wish for a long period of calm and stability with minimal tax changes so we can plan for the future with certainty.

Spring Statement: A wishlist of what could have been included

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 26th April 2019

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HMRC have the power to enquire into such Returns and accordingly an apparently successful claim may be challenged and fail once it has come under proper scrutiny. This might be an issue if you have already paid out on no win fee basis.

Stamp Duty Land Tax on purchase of more than one dwelling – Multiple Dwellings Relief Claims

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 5th March 2019

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You should still review your position as shareholder and your company Articles to see if they satisfy this new test, but this is a welcome relaxation of the original proposals.

Entrepreneurs’ Relief Revisions now finalised

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 19th February 2019

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Each business should review its structure, past transactions and internal fund flows in order to determine the cost versus the benefit of no deal planning.

Possible Tax Impact of a No Deal Brexit on Groups

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 14th February 2019

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Businesses that adequately plan and forecast for the future and get their business plans right are more likely to succeed in their objectives for creative growth through international expansion.

Thinking of expanding your creative business overseas?

Sharmeni Selbaraju - sselbaraju@goodmanjones.com

Updated on 9th January 2019

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Make sure you check your position against the new requirements.

Changes to Entrepreneurs’ Relief: What every business owner needs to know now

Graeme Blair - Partner - gblair@goodmanjones.com

Updated on 18th December 2018

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Many of the announcements were minor changes to existing legislation or confirmation of matters which have already been subject to public consultations.

UK Budget Summary 2018

Richard Verge - Tax Director - rverge@goodmanjones.com

Updated on 26th April 2019

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A Picture of Hazel Johnson - Tax Director

Purchasers may have concerns where a vendor has an EBT outside of an approved shares scheme, and this can cause delays in the due diligence process.

Employee Benefit Trusts and Preparing to Sell Your Business

Hazel Johnson - Tax Director - hjohnson@goodmanjones.com

Updated on 22nd October 2018

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The new tax limits affect charities' small trading exemptions, Gift Aid Small Donations Scheme and Gift Aid Donor Benefits. Check you know the new limits.

Philip Hammond was only prepared to make a modest number of spending commitments in his Spring Statement

We wish for a long period of calm and stability with minimal tax changes so we can plan for the future with certainty.

HMRC have the power to enquire into such Returns and accordingly an apparently successful claim may be challenged and fail once it has come under proper scrutiny. This might be an issue if you have already paid out on no win fee basis.

You should still review your position as shareholder and your company Articles to see if they satisfy this new test, but this is a welcome relaxation of the original proposals.

Each business should review its structure, past transactions and internal fund flows in order to determine the cost versus the benefit of no deal planning.

Businesses that adequately plan and forecast for the future and get their business plans right are more likely to succeed in their objectives for creative growth through international expansion.

Make sure you check your position against the new requirements.

Many of the announcements were minor changes to existing legislation or confirmation of matters which have already been subject to public consultations.

Purchasers may have concerns where a vendor has an EBT outside of an approved shares scheme, and this can cause delays in the due diligence process.