A family – parents and three sons – trade as a dairy-farming partnership and are considering the introduction of a limited company to mitigate their income tax liability
The director of a construction company has purchased a plot of land to construct his private residence. The replies consider the benefit-in-kind implications of his use of company equipment and materials in the course of the construction
A mother left her 95% share of her private residence to her daughter, her daughter’s husband and their children. The will was subsequently varied and the property was placed in trust before being sold