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    Capital gains tax - Specific types of disposal - Scope - 48000

    The term disposal is not defined by the legislation, and therefore retains its everyday meaning. The most common form of disposal is a change in the ownership of an asset as a result of sale, exchange,...

    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);...

    Capital gains tax - Specific types of disposal - Special relationship with the seller - 48280

    A special relationship with the seller may result in a particular capital gains tax treatment in the following situations: - no gain/no loss disposals, commonly involving spouses/civil partners...

    Capital gains tax - Specific types of disposal - Other potential disposals - 48485

    Deemed disposals, requiring at least the valuation of an asset, occur on: - death; - the grant and subsequent exercise of an option; and - the occurrence of avoidance activity involving value shifting.

    How to structure a company merger tax efficiently

    One of your corporate clients has agreed to join forces with a competitor and operate the combined businesses as a joint venture. How can the reconstruction reliefs be used to undertake the company merger...

    Small business incorporation - minimising tax without BADR

    Your business is growing steadily and your accountant has advised you transfer it to a company to save income tax. For maximum tax efficiency should you do this immediately or delay?

    Cashing in capital gains

    The effect of the so-called “Boris bounce” on the stock market has faded but values of some shares have held up. If you want to cash in how do you work out the optimum number of shares to...

    claim to adjust base cost for part disposal of land

    Claim to adjust base cost for part disposal of landWhen selling a small part of a piece of land you are still liable for capital gains tax (CGT). However, if conditions are met, you can make...

    Claim for relief for damaged asset

    Claim for relief for damaged assetCapital gains tax may be payable on capital sums which derive from assets. For example, compensation payable to you for damage to an asset. However, if you use...

    Claim for private residence relief to apply to a former home

    Claim for private residence relief to apply to a former homeWhen a marriage fails, tax planning is vital and sometimes urgent or avoidable tax liabilities can arise. An example of this is capital gains...