Why Dan Neidle is wrong about tax relief for finance costs and capital extraction
Author: Mark Smith Head of Chambers Cotswold Barristers
25th October 2023, 3 years ago | 4
Author: Mark Smith Head of Chambers Cotswold Barristers
25th October 2023, 3 years ago | 4
Author: Mark Smith Head of Chambers Cotswold Barristers
19th October 2023, 3 years ago | 28
Author: Mark Smith Head of Chambers Cotswold Barristers
7th February 2020, 6 years ago | 0
Author: Mark Smith Head of Chambers Cotswold Barristers
23rd November 2018, 7 years ago | 0
Author: Mark Smith Head of Chambers Cotswold Barristers
25th October 2016, 10 years ago | 0
Author: Mark Smith Head of Chambers Cotswold Barristers
20th January 2016, 10 years ago | 18
Author: Mark Smith Head of Chambers Cotswold Barristers
28th September 2014, 12 years ago | 0
Author: Mark Smith Head of Chambers Cotswold Barristers
31st May 2014, 12 years ago | 8
Author: Mark Smith Head of Chambers Cotswold Barristers
6th May 2014, 12 years ago | 7
Author: Mark Smith Head of Chambers Cotswold Barristers
2nd December 2013, 12 years ago | 25
20th October 2023, 3 years ago
That is not an option for barristers. We are all self-employed sole traders with no corporate protection.
Read More →20th October 2023, 3 years ago
If you have suffered loss as a result of my negligence then my insurer will deal with it and compensate to bring you back into the position you would have been in but for my negligent acts.
Read More →Reply to comment left by Justin Lee at 19/10/2023 - 18:35
Reply to the comment left by Justin Lee at 19/10/2023 - 18:35I'll write to you on this
Read More →Reply to comment left by Jim Fraser at 19/10/2023 - 13:23
Reply to the comment left by Jim Fraser at 19/10/2023 - 13:23s.310 Finance Act 2004 says that where there is not a promoter any notifiable scheme or arrangements must be disclosed by the end user. To work out if the...
Read More →Reply to comment left by Ross Vistaro at 19/10/2023 - 11:31
You are not comparing like with like. DN explictly states he is not an adviser and he takes no responsibility for anything he says.
Read More →Reply to comment left by Mark Alexander at 15/05/2023 - 16:45
Reply to the comment left by paul thomason at 15/05/2023 - 16:50Paul, we can only implement structures that comply with law and practice applicable at the time. You may well be right on future changes, but HMRC are content with...
Read More →Reply to comment left by paul thomason at 15/05/2023 - 15:48
Reply to the comment left by paul thomason at 15/05/2023 - 15:48Dear Paul, We cannot sit on our hands when landlords have major problems in their business structures, and these issues are compounding year on year. We have had discussions...
Read More →15th May 2023, 3 years ago
Dear Paul and others, This is not a knee jerk reaction or an attempt to undermine other advisers' work for the sake of it. Believe me, we are busy enough with our own clientele. This arises from a number of...
Read More →7th November 2022, 3 years ago
Or you could look at incorporation into your own Ltd Co, and then look to prune your portfolio. Any CGT would be rolled-over into company shares and sales post-incorporation would attract Corp Tax only on any profit from the rebased...
Read More →27th May 2022, 4 years ago
Lisa can transfer up to £125,000 chargeable consideration (deemed assumption of the loan proportion by her husband) to her spouse with no SDLT, but an SDLT return will need to be filed. The 3% uplift does not apply between spouses...
Read More →10th March 2022, 4 years ago
These requirements arise from the Government’s efforts to combat money laundering by requiring transparency in a number of hitherto private transactions, including trusts. Several of our services include the creation of a trust and we have advised on these requirements...
Read More →22nd February 2022, 4 years ago
Correct. But if you make the 2 dwellings into one in the three years subsequent more SDLT is due based on the tax for a single dwelling.
Read More →14th October 2021, 5 years ago
This proposed transaction would be between 'connected parties' and would be deemed to take place at market value regardless of the actual consideration paid. The issue is how to establish the market value. Your son has tried to sell during...
Read More →14th October 2021, 5 years ago
"If we draw up a declaration of trust now, I understand the signatures cannot be back dated. However, can it essentially say that this has been in force since 2014, and we are only writing it down to reconfirm the...
Read More →6th October 2021, 5 years ago
I can say that I have prepared an advice on these claims which is positive. I have had lengthy dealings with MSC and their principals. They are FCA licensed and I have no reason to doubt their integrity.
Read More →10th August 2021, 5 years ago
The 2016 value you use should be the same as that used by your uncle when he declared his CGT on the gifts to you and your brother.
Read More →3rd August 2021, 5 years ago
Not sure how tenants would suffer from having a landlord whose business is more efficiently structured. Shaz would not advise a client to how to make more profit by raising the rent. In fact, a business with an optimal structure...
Read More →27th November 2020, 5 years ago
Surely this is an Assured Tenancy not AST?
Read More →23rd September 2020, 6 years ago
The water company may have RV for 1990 as this is still used to set water rates on non-metered buildings
Read More →26th August 2020, 6 years ago
See also https://www.gov.uk/government/publications/husband-and-wife-civil-partners-divorce-dissolution-and-separation-hs281-self-assessment-helpsheet/hs281-spouses-civil-partners-divorce-dissolution-and-separation-2016
Read More →Showing 20 of 252 comments