The changes to capital gains tax after April 2008 mean that taper relief will no longer be available. One of the key advantages of furnished holiday letting status was that they were treated as business assets for taper relief purposes. The potential…
If you're looking at becoming non UK resident unless you are going overseas under a full time contract of employment you will be looking to establish a permanent departure from the UK. In order to evidence a permanent departure from the UK if…
A partner can receive a salary from a partnership. However he would be treated for income tax purposes as a a partner who is entitled to a first share of profits, and who is in all other respects an ordinary partner. As such a salary payment would…