News & Insights
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Tightening the tax rules on shareholder exit
Company owners often aim to take profits from their companies under the Capital Gains Tax rules (“CGT”) as sale or liquidation proceeds rather than…
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Bear traps on a company sale – Income Tax
Many private company shareholders expect to pay capital gains tax (“CGT”) at 10% with Entrepreneur’s relief on a sale of the company shares. It…
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Bear traps on a company sale – Income Tax
Many private company shareholders expect to pay capital gains tax (“CGT”) at 10% with Entrepreneur’s relief on a sale of the company shares. It…
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Share Buybacks – Income Tax or Capital Gain?
Private companies often remove a shareholder using a company buyback of shares out of distributable reserves. This is a common transaction but the tax…
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Breaking the group – capital reduction demergers
At HMT LLP, we are advising on an increasing number of capital reduction demergers, whereby corporate groups are split and held separately by the…
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HMRC clamp down on Tax Schemes
he tax landscape for users of packaged tax schemes has dramatically changed for the worse. HMRC has recently introduced the Accelerated Payment Regime that…
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