- : Year 07, issue 04?issue=04&offset=2&volume=07

 
Claiming overlap relief Publication date: 07.10.2021
Article database
Claiming overlap relief..Q. I have been trading for nearly three years and am just preparing my second tax return. As I understand it I have an “overlap” period of three months due to my first year end being 31 December 2019. I had a loss of £12,000 for the twelve months, and I included £3,000 of this on a pro rata basis in my 2019/20 return....
More
Farming clients: inheritance tax relief Publication date: 27.08.2020
Article database
One of your clients owns and operates a local farm. They are many years from retirement but have asked for a meeting to discuss relief from inheritance tax, particularly in relation to the large farmhouse. What are the key issues they need to look out for as they draw closer to retirement age?
More
Protection for EMI option holders announced Publication date: 27.08.2020
Article database
Protection for EMI option holders announced..EMI. The enterprise management incentive (EMI) is a popular share-based remuneration scheme that is used to incentivise key workers to assist in adding value to a business by giving them a stake in it. Government. The EMI is tax-advantaged with the government’s blessing. Providing certain conditions are...
More
Deferral period over: what help is available? Publication date: 27.08.2020
Article database
Deferral period over: what help is available?..Payment. The VAT payment deferral window closed on 30 June 2020. Any unpaid VAT from that period will now be due by 31 March 2021. However, in the meantime VAT bills will be payable as usual. The problem is that your clients will likely to be struggling with the aftermath of the lockdown...
More
When can your client revoke their option to tax? Publication date: 27.08.2020
Article database
Your client owns a commercial building with an option to tax election in place. They are looking to sell, but the only buyers that have shown an interest make exempt supplies, so wouldn’t be able to reclaim the VAT on the purchase price. Is there a solution?
More
Landlord clients and capital allowances Publication date: 27.08.2020
Article database
Capital allowances (CAs) are a complicated area, especially when it comes to property rental businesses. Contrary to a popular misconception, landlords can claim some CAs. What can you advise to ensure your clients don’t miss out?
More
Don’t overlook fall in value relief for shares Publication date: 27.08.2020
Article database
One of your longstanding clients died in late 2019. In order to pay some of his debts, the executors are selling some shares. However, the coronavirus pandemic has led to a drop in the value of the portfolio. Why might this mean an inheritance tax (IHT) refund is due?
More
Coronavirus: could share plans be the answer to cash flow? Publication date: 27.08.2020
Article database
One of your clients has just about kept their business afloat with a skeleton staff during the coronavirus crisis. However, they now have a serious cash-flow issue. How might using share incentives help?
More
Residential property: is it better to sell when non-resident? Publication date: 27.08.2020
Article database
A client has been working abroad for ten years. He will shortly be returning to the UK and has decided to sell his property in order to buy a bigger one for his young family, but should you advise him to sell before or after he gets home?
More
Welcome change to pension charges for 2020/21 Publication date: 27.08.2020
Article database
The way that the annual allowance tapering provisions worked was criticised in late 2019. In response, the government has changed the rules. What are the key changes and how will these affect your client’s savings plans?
More

Filter results

You can always narrow/broaden your result by checking and unchecking resources and/or topics and keywords.

Topics and keywords

Last updated: 23.03.2026
Search

More from Indicator - FL Memo Ltd