Category: Uncategorized

International Employment

My client is a German employer and is looking to employ a UK resident who will work three weeks per month in the UK and the remainder of the month in Germany. The employer has a place of business in the UK and also has a base in Germany. How would my client account for […]

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VAT LIABILITY OF COVID TESTING SERVICES

Since the start of the Coronavirus pandemic many of my clients have become involved in providing Covid test kits and Covid testing services. Some clients are selling self-administered test kits, some are providing PCR testing for travellers and other clients are supplying testing services by visiting business premises to test on-site employees. Can you please […]

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LOAN TO SHAREHOLDERS (NON-EMPLOYEE)

I have a client who owns 25% of the ordinary voting shares of a close company, but she is not a director or employee nor is she connected to a director or employee of the company. The company has lent her father £25,000 interest-free. As neither her father nor the client is an employee or […]

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INTERACTION OF PPR AND S260 HOLDOVER RELIEF

The trustees of a discretionary trust have transferred a residential rental property to a beneficiary and held over the arising gain under s260 TCGA1992. There was no holdover claim made when the property was transferred into the trust ten years ago. The beneficiary plans to live in the property for a few years and is […]

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SDLT ADDITIONAL RATE

My client owns several residential properties in her sole name.  Her spouse wishes to buy a buy-to-let property in their own name.  Will Stamp Duty Land Tax higher rates for additional dwellings apply?    To read the full article – CLICK HERE

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ATED & CORPORATION TAX

We have a company which has to pay the Annual Tax on Enveloped Dwellings (ATED) charge as the property is let to the shareholder’s son. Is this an allowable expense for the company?    To read the full article – CLICK HERE

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WORKPLACE MEALS

My client owns a pub/restaurant and provides his staff with a meal halfway through their shift, is this a taxable benefit?   To read the full article – CLICK HERE

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EU CHANGES 1 JULY 2021

Many of my clients are asking me about “the changes in the EU” from 1st July 2021.  What are they talking about?   To read the full article along with the latest updates – CLICK HERE

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Margin Scheme and Sale of Converted Campervans

My client has started a new business buying second hand commercial vans and converting them into campervans before selling. They also buy existing campervans and repair/refurbish these. My client understands they can use the VAT Margin Scheme for these sales – is this correct?    To read the full article – CLICK HERE

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Employee Ownership Trusts

My client is a director and majority shareholder of a successful trading company (“the Company”), and as he is approaching retirement, we are discussing succession issues. The client has had many offers for his business, but he prefers not to sell to a competitor. He wants to realise a capital gain in recognition of his […]

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