Pension savers were given a boost by two key announcements made by the Chancellor, during his Spring Budget. The lifetime allowance of £1.07 million that can be saved into a pension has been scrapped with no upward limit now existing on what can be saved. The lifetime allowance relates to the total amount of money […]
Does your company or partnership currently hold or plan to hold residential property? If so, you may be liable to the ATED. Read below to find out more about this often-overlooked tax. ATED was introduced in April 2013 against high-value residential properties situated in the UK, worth more than £2 million and beneficially owned by […]
BADR is available on the disposal of business assets and provides the shareholders of qualifying company’s a CGT rate of 10% for the first £1 million of gains (profits) arising during their lifetime. Providing the necessary conditions are met, you are entitled to claim relief for gains made on multiple occasions up to a cumulative […]
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