I have a UK client with a US PE parent. The US PE, via an LLC acquisition vehicle, subscribed for shares in a UK NewCo so that it could buy a UK trading business.
A single FHL property is owned by Mr and Mrs client.
I do the books for a partnership where the partners were a couple (unmarried). We filed accounts as a partnership.
Can he still claim entrepreneurs relief? Their business is closing down when shop is sold. I assume that by reinvesting proceedings in a rental property that they cannot claim roll over relief?
Working with a fairly complex separate overseas and UK structure of companies.
I have acquired a client who has sold a property which they had been gifted in 1987. This gift was under the general gift relief provisions which existed up until March 1989.
A client wants to protect his business.
A director has booked a hotel using a company credit for himself, another director and an employee purely for business purposes, (they will be attending an exhibition for three days).
- Tax tables 2013-14 76,712 12
- IR35 business entity tests published 36,357 59
- Optimum company salary & divi 2014/15 31,382 48
- Fair mileage rate for people with a car allowance? 27,167 7
- Working from home tax checklist 25,843 13