Budget 2017

Anti-Avoidance   As has been the case in most recent budgets, the 2017 Spring budget included several anti-avoidance measures. Some refer to quite technical schemes which would not normally impact on the advice we give – for example the closure of a loophole that...

Business Property Relief Pitfalls

If your clients own shares in a small company, whether this is their own business or perhaps an investment in an AIM listed company, it is important you correctly establish the inheritance tax position.     Some clients may inform you that their holding will attract...

Reverse Ramsay

If you give your clients any advice at all on tax, even if only to mention tax favourable investments such as pensions and ISAs, I am sure you have come across the “Ramsay Principle”.  This principle requires a court to look at the final effect of a series of steps...