Entrepreneurs' Relief ChangesOne of the most unexpected changes to arise from the recent Budget was the introduction of new qualifying criteria on entrepreneurs' relief. As a result, those who previously benefited, may need to restructure the shareholding of their personal company to ensure they will still qualify. Read more PhoenixismThe Finance Act 2016 introduced ruled intended to try to put an end to the situation where an entrepreneur formed a series of companies and took advantage of claiming entrepreneurs' relief on the cash released by liquidation rather than paying tax on the profits earned and withdrawn as dividend income. Read more Changes to EIS and SEISRecently, new conditions were introduced to ensure the SEIS and EIS schemes are kept in line with their primary intention to encourage investment in early-stage higher risk trading companies. These new conditions concern:-
Please do get in touch with the team at DRG to discuss EIS and SEIS in greater detail. Are you ready for the end of the 2018/2019 tax year?The 2018/19 is rapidly approaching. Have you made the most of the allowances and reliefs available to you ahead of the 5th April 2019 deadline? Here are some of most common tax planning points that you might like to consider but please do get in touch with the DRG tax team to discuss your personal circumstances. Read more City Pantry ranked 25th in Deloitte Fastest Growing UK Technology Company ListDRG client, City Pantry has just come 25th in the Deloitte fastest growing UK technology company list. The UK Fast 50 is one of the UK’s foremost technology awards programmes and recognises the 50 fastest growing technology companies based on revenue growth over the past four years. Read more |