by Neil Da Costa | Feb 27, 2024 | Uncategorized
The key difference between rollover relief and holdover relief lies in their application and duration of relief provided. Rollover relief primarily applies to businesses and allows them to defer paying tax on certain assets, such as buildings used in trade, by...
by Neil Da Costa | Feb 27, 2024 | Uncategorized
Inheritance tax questions are like puzzles waiting to be solved, often presenting scenarios involving lifetime gifts, death estates, and the intricate dance between IHT and CGT implications. One captivating area that could steal the spotlight in the upcoming Advanced...
by Neil Da Costa | Feb 23, 2024 | Uncategorized
One important area for Advanced Tax is where the company buys back the shares from the shareholder. The buyback is either treated as a dividend or a capital gain. The important aspect to appreciate here is the taxpayer does not have the option of making an...
by Neil Da Costa | Feb 18, 2024 | Uncategorized
Personal Service Companies (PSCs) are set to be a focal point in the upcoming March 2024 Advanced Tax exams, presenting a crucial area for candidates to understand thoroughly. In today’s gig economy, many freelancers opt to invoice their clients through their...
by Neil Da Costa | Feb 8, 2024 | Uncategorized
One crucial topic covered in the Advanced Tax exam is the taxation of individuals with overseas aspects. Understanding the residency status of individuals is paramount, and it involves learning about the automatic residency statutory tests.Individuals are considered...
Recent Comments