by David Jones | May 2, 2019 | Business Tax, Tax Investigations
Entrepreneurs’ Relief concerning an orthopaedic surgeon who sold his practice, but continued to work for the buyer, with HMRC claiming that no sale had occurred for tax purposes. It is reasonable to expect an individual who sells their business to an independent third...
by David Jones | Dec 29, 2017 | Business Tax, Corporate Tax Planning
To qualify for Entrepreneurs’ Relief (ER) on a share disposal, you must hold at least 5% of the company’s ordinary share capital. But what exactly is the “ordinary share capital” of the company? This is a subject that thousands of small company directors and...