Is it possible to obtain exemption from capital gains tax on the sale of works of art used in a business? EDWARD MANISTY and JAMES RIVETT explain the conditions.
It's Valentine's Day. RICHARD CURTIS gets all hot and bothered over a little three-lettered word ending in 'x'. Tax, of course! What else did you think he was talking about?
We act for an investment and trading company specialising in let residential property. The company has identified properties which, if purchased, could be developed over a 12 to 18-month period and...
My client is a limited company that supplies and installs high spec home theatre and entertainment systems.
The three directors have recently acquired a residential property with ownership split...
My client carries on a part-time trade via a limited company.
When preparing the 31 March 2007 accounts and 2006-07 tax return I found that the director's account was overdrawn by just under £1,000....
In March 1999, Mr and Mrs A transferred a one-third share in their home to their son Mr B. Their home has always been the parents' only or main private residence, which they have occupied rent free....