December 2014

Using growth shares to qualify for Entrepreneurs Relief

If you qualify for Entrepreneurs Relief you pay capital gains tax at 10% on the first £10 million of lifetime gains. With the top CGT rate at 28%, the 18% differential is now worth up to £1,800,000. Conditions to qualify Where you're looking at a…

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Reducing tax on property development by using a trust

One possibility to reduce tax on property development is by using a trust. The general idea would be that you could save the 40% or 45% income tax charge if you did the development in your own name, and instead use a trust. The trust could be subject…

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