What do you ‘hope’ your property is worth?

It is often necessary to value assets such as a property for inheritance tax (IHT) purposes. For example, if an individual makes a lifetime gift of an investment property in the UK to a discretionary trust, it will normally be necessary to ascertain the market value of the property transferred, as there will be an […]

Company Tax Relief For Shares – A ‘Hidden’ Gem!

Share transactions invariably have tax consequences. For example, when an individual subscribes for shares in their employer company for less than market value, it is generally necessary to consider the income tax (and possibly National Insurance contributions) implications of the share acquisition. A pleasant surprise? However, it is sometimes overlooked that the employer company can […]

Company Tax Relief For Shares – A ‘Hidden’ Gem!

Share transactions invariably have tax consequences. For example, when an individual subscribes for shares in their employer company for less than market value, it is generally necessary to consider the income tax (and possibly National Insurance contributions) implications of the share acquisition. A pleasant surprise? However, it is sometimes overlooked that the employer company can […]