C

    Capital gains tax - Specific types of disposal - Capital sums derived from assets - General principles - 48115

    A disposal is deemed to arise when a capital sum is received in respect of an asset: - as compensation for damage, loss, or destruction (including payments received from insurance policies);...

    Selling your business - tax traps to avoid

    You’re selling your business and as part of the deal you’ll stay on in a managerial role for three years. You’ll then be paid an additional sum based on the profits made over that period....

    Closing down your company tax efficiently

    You’re winding down your business with a view to retirement. Your accountant says the best way to do this is to liquidate the company. That’s probably good advice, but how should you time...

    CGT - time for planning

    February and March are the months to think about year-end capital gains tax (CGT) planning. If you want to reduce a capital gain you’ve already made during 2015/16 or avoid increasing it, what...