UK & Offshore Tax Planning Blog
If a house is occupied as a main residence you'll be able to claim principal private residence relief to reduce any capital gains tax on disposal. However what if you move out of the house? Will it still be a main residence? Well you can still claim…
Deciding whether to extract cash from a company as salary or a dividend involves weighing up the tax position of both the company and the shareholder. Extracting cash as a dividend means there is no tax deduction for the company, but the the tax…
It's worthwhile remembering that the new Entrepreneurs relief applies the same restrictions as taper relief. The guidance notes issued by the Revenue state that it will only apply to trading companies and that they will be using a similar test for…