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28 April 2015
Surgical approach; Let sleeping dogs lie? Art of VAT; Partners and pensions
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Surgical approach
A shareholder near retirement wishes to maximise the return on increasing income
Our client owns 100% of the shares in a trading company that manufactures surgical products and has developed its patents. Income is expected to increase soon as a result.
Our client is aged 80 in good health unmarried with adult children. He wishes to realise the value of the patents including the anticipated increase in royalties and licensing income in the most tax-efficient manner. This will be...
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