Entrepreneurs’ Relief (ER) – share disposal update

The 2018 Budget has caused significant concerns for shareholders in companies that have multiple share classes carrying different rights and entitlements (also known as alphabet shares). The new proposed rules change the definition of ‘personal...

Read more

Entrepreneurs’ relief in peril

In the Budget Statement the Chancellor announced significant changes to Entrepreneurs’ Relief (‘ER’), some of which were welcome reforms to ensure that people did not lose out on a valuable relief when their shareholdings were diluted by...

Read more

Autumn Budget 2018 – Gift Aid small donations scheme

Currently, charities are able to claim gift aid on small donations of £20 or less made by individuals in cash or by contactless payment, without the need for a completed gift aid declaration. With effect from 6 April 2019, the limit on payments...

Read more

Autumn Budget 2018 – Charities –increase in small trading exemption

For those charities that carry out trading activities that do not form part of their primary or ancillary purpose, a small trading exemption provides them with exemption from tax on income generated within certain limits. The current limits are as...

Read more

Autumn Budget 2018 – Reform of corporate intangible fixed assets regime

The government have recognised the growing importance of intellectual property held within groups of companies. Given that relief for intangible fixed assets has been in place since 2002, it is felt that the time is right for some reform in the...

Read more

asdasd