Knowledge

As a consequence of unpredicted factors affecting the economy in recent years, many businesses found themselves in need of additional funding to meet their cash flow needs. The loans may…

Enterprise Management Incentives (‘EMI’) are widely used by companies to attract and retain top talent, whilst aligning the interests of employees with those of the company and its shareholders. EMI…

Share for share exchanges are regularly seen in various types of company sale and reorganisation transactions. Broadly, where a shareholder exchanges shares in Company A for shares in B, and…

There has been much talk about tax of late, especially in the run up to next week’s Autumn Statement. Coming as it does just over a year after the ‘dramatic’…

Deeming provisions are common in tax provisions. As their names suggests, they ‘deem’ certain situations to satisfy specific conditions when they might not otherwise meet the strict wording of the…

The Seed Enterprise Investment Scheme (SEIS) and Enterprise Investment Scheme (EIS) are used by companies, typically in their infancy, to raise capital from individual investors in return for an equity…

HMRC launched a consultation into the taxation of Employee Ownership Trusts (EOTs) and Employee Benefit Trusts (EBTs) on 18 July which closed on 25 September. The consultation invited views on…

As explained here, there has been a significant increase in recent years in individuals considering moving offshore before a business sale as non-UK residents are not subject to UK Capital…

M Group Holdings – Substantial Shareholding Exemption (“SSE”) – interpretation of paragraphs 15A and 26 of Schedule 7A Taxation of Chargeable Gains Act 1992 (“TCGA 92”). Issue -does it apply…