UK Tax Blog

UK & Offshore Tax Planning Blog

Tax on transferring a website to a child

Anyone considering transferring a website into a child's name should be aware of the tax consequences. Firstly it will be a disposal for capital gains tax purposes. Therefore you should obtain some value of the website name. Of course if there is no…

Dividends now more tax efficient than a bonus

Deciding whether to pay a bonus or a dividend has been a regular part of a company's annual tax planning review over the past few years. The general rule in recent years has been that a dividend was more tax efficient except where the level of…

Entrepreneurs Relief for Property Developers

The new Entrepreneurs Relief applies for the purposes of capital gains tax - not income tax. Therefore a property developer that was conducting a trade would not be able to argue that a disposal of a property would qualify for Entrepreneurs relief…

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