You may go into a marriage with the soundest of intentions, but the best laid plans of mice and men mean that business owners must be aware of the tax implications if a relationship that also runs into business ownership begins to fall apart.
On reflection, the UK’s 5.4m SMEs had a good Budget overall today with a number of generous tax breaks, notes Lesley Stalker of RJP.
Ahead of George Osborne's first Autumn Statement as the chancellor of a majority Conservative government, tax expert Lesley Stalker weighs up the impact of changes to the very business friendly Entrepreneurs’ Relief.
In what the BBC referred to as a “landmark Budget”, George Osborne made a number of potentially very significant announcements in the summer Budget. We outline some of the most immediately relevant, giving as much detail as possible for now.
Lesley Stalker examines the news that HMRC has flexed new muscles by swapping paper tax returns for digital returns linked to bank accounts.
Lesley Stalker, tax partner at RJP, looks at the issue of tax relief schemes and distinguishes between those advised, and those not.
Lesley Stalker, head of tax at RJP, reviews the big talking points of the Autumn Statement and decides it was a piece of "clever electioneering".
George Osborne is not going to want to do anything too controversial given the forthcoming General Election in May 2015, but does need to address some clear issues relating to public finances.
Lesley Stalker, tax partner at RJP, analyses what HMRC looks for in a claim when it comes to R&D tax relief.
Have you found your business trapped in a corporate structure but don't want to disincorporate because of taxes” Find out if you qualify for the new disincorporation tax relief, as 40 per cent of UK businesses do.
The arrival of new employee contracts was one of the more interesting announcements in the Budget 2013.
Exit strategy, succession planning call it what you will. Deciding what to do, and when, with your business to provide a secure future possibly a retirement or the basis of a second career is an issue all business owners face.