The Annual Tax on Enveloped Dwellings (ATED) was introduced to discourage the acquisition of high value residential properties through companies and other ‘non-natural persons’. When the ATED rules were introduced, non-UK domiciled individuals in particular could gain tax advantages by acquiring residential properties through companies in a number of ways. 
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McLaren Racing Ltd v HMRC… The Tax Position on CTA 2009 s54; Fines, Penalties, Expenses & Business Profits Tax relief (or not) for fines Legislation (CTA 2009 s54) states that a company can deduct expenses that are wholly and exclusively for the purpose of the trade against their business profits. 
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Building in your garden and tax Garden Grabbing in 2018 & Capital Gains Tax on Self Build Property; Taxation FAQs regards Gardens & Residential Developments The price of residential development land has soared in light of the demand for housing. One consequence has been a rise in homeowners selling off 
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Employee Ownership Trusts (EOTs); Definitions & Examples… What is an EOT? A Definition by Example New legislation surrounding Employee Ownership Trusts were brought in under Finance Act 2014 with the aim to encourage more companies to adopt an indirect employee ownership model. Indirect employee ownership models aim to incentivize employees 
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Employees are now more open to secondments or relocations as they often see this as a chance to travel and see more of the world. However, the upheaval and disruption of this can sometimes makes individuals reluctant to accept new opportunities. As an employer, there are many factors to consider 
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Capital reduction demerger: breaking up, no longer so hard to do? We have become familiar with businesses, as they expand, developing corporate structures such as groups, to better manage the various activities they undertake. For example, one might have a holding company and underneath that holding company, various trading subsidiaries 
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We have become familiar with businesses, as they expand, developing corporate structures such as groups, to better manage the various activities they undertake. For example, one might have a holding company and underneath that holding company, various trading subsidiaries undertaking different activities. There may also be subsidiaries holding other trading 
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