Capital Gains Tax Reliefs for SMEs and Entrepreneurs 2015/16

Erscheinungsjahr 2015
ISBN: 978-1-78043-783-5
Verlag: Bloomsbury

Buch, Englisch, 688 Seiten, Format (B × H): 152 mm x 229 mm

Capital Gains Tax Reliefs for SMEs and Entrepreneurs (formerly the highly-revered Capital Gains Tax, Roll-over, Hold-over and Deferral Reliefs), takes all the essential information on capital gains tax reliefs that may apply to small and medium sized businesses (SMEs), and builds a special focus on reliefs available to entrepreneurs.

The specialist technical information guides you through the reliefs available for your clients' capital transactions, compares and contrasts how different types of businesses can benefit and gives guidance on how to avoid the pitfalls put in place to prevent the abuse of those reliefs. It outlines the calculation, process and application of the key tools that allow gains to be deferred, held-over or extinguished, as well as addressing the use of capital losses which may arise. The emphasis is on entrepreneurs' relief, EIS, SEIS and social investment relief.

It is structured to reflect the changing needs of a business and its owners throughout the business lifecycle; from sole-trader to incorporation, expansion to a group, withdrawal of the founders, passing-on the business and disincorporation. Capital Gains Tax Reliefs for SMEs and Entrepreneurs 2015/16 is designed to be used on a day-in day-out basis, with handy hints, tips and planning suggestions, a wealth of worked examples, and fully updated to the latest legislation.

Previous print edition ISBN: 9781780434445

Autoren/Hrsg.

Cave, Rebecca

Williams, Chris

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen Betriebliches Steuerwesen

Inhaltsverzeichnis

1. The life of a business
2. Business asset roll-over relief: conditions
3. Business asset roll-over relief: calculation
4. Business asset roll-over relief: shareholders, partners and overseas issues
5. Entrepreneurs' relief
6. Incorporation relief
7. Seed Enterprise Investment Scheme
8. EIS deferral and disposal reliefs
9. EIS deferral relief: withdrawn or clawed back
10. Social Investment Tax Relief
11. Groups of companies
12. Intangible asset roll-over relief
13. Substantial shareholding exemption
14. Reliefs on exchange of shares
15. Negligible value and share loss relief
16. Business asset hold-over relief: conditions
17. Business asset hold-over relief: calculating the held-over gain
18. Business asset hold-over relief: exceptions, claw-back and valuations
19. Trusts as business ownership vehicles
20. Compulsory acquisition of land
21. Compensation and insurance receipts
22. Transfer of shares to a SIP or EBT
23. Employee-ownership trusts
24. Disincorporation relief
25. Planning with CGT reliefs: risks and anti-avoidance

Über Autor(innen)

Cave, Rebecca
Rebecca Cave qualified as a Chartered Accountant with KPMG and achieved Chartered Tax Adviser status while working for Robson Rhodes. She is the co-author of the core tax annual: Capital Gains Tax, and of Capital Gains Tax Roll-over Hold-over and Deferrals Reliefs, both published by Bloomsbury Professional. She is also edits Bloomsbury's Tax Rates and Tables.

Rebecca is a member of the ICAEW Tax Faculty's Small Business Tax technical tax committee, and serves the CIOT's Owner Managed Business Tax sub-committee. She is also immediate past chair of the CIOT Mid-Anglia branch.

Rebecca grew up in west Gloucestershire and studied Accountancy at the University of East Anglia. She now lives in Milton Keynes where she writes six days a week and shops on the seventh day.

Rebecca Cave FCA, CTA, MBA, is an experienced tax writer specialising in the tax affairs of small and medium-sized businesses. She serves on the SME Business Tax committee of the ICAEW Tax Faculty and on the Owner-Managed Business sub-committee of the CIOT. Chris Williams LLB is Technical Senior Manager at Mazars LLP and Director of taXwords ltd.