Got a client who has paid £60000 into a offshore bond and going to be worth £120000 and he wants to surrender it.
He takes £8000 salary and £15000 dividends from his company.
Trying to talk to CT helpline - every option picked so far - including online services help - has resulted eventually in a 'we're very busy at the moment - goodbye'.
I have a very simple question.
Mr & Mrs A own Company X in the UK
Mr & Mrs B own Company Y in some other country say China.
Looking to see what other members do, and whether there is any specific legislation that applies.
Husband and Wife own a rental property as joint tenants.
Wifes income is currently in higher tax band and expected to continue this way.
I would appreciate it if you can provide guidance on the below:
What are the capital gains implications on the below:
A gain was deferred by claiming VCT CGT deferral relief over 10 years ago.
My question is, if the upon gifting the VCT shares to a charity would the associated deferred gain:-
When carrying back a trade loss to the previous period is it sufficient simply to show the reduction in the current period loss and refer to s37(3) CTA 2010 in the tax computations? If the CT600
Hello. I left the UK in September 2011 to travel for an extended period of time.