Tags » CGT

What if you write off an intercompany or directors loan?

Connected party loans are a problem area especially if the loan is impaired (ie the borrower may not be able to repay the debt)

Individual Loans written-off… 746 more words

Bicknell Business Adviser

CGT Event E1: Federal Court confirms breadth of meaning of creation of trust 'by declaration or settlement'

Kafataris v Deputy Commissioner of Taxation FCA 874

The taxpayers, husband and wife, jointly owned property and returned rental income from it. On 2 July 2007 a company controlled by the taxpayers offered to acquire the property from them and give them a promissory note of $9 million in exchange for the transfer. 447 more words

A little off-road riding on motorbike

What a beautiful morning to start the day with!

Some of us from the WhatsApp Motorcycling Group decided that we will have some off road riding experience this weekend. 324 more words


5 reasons why you need a Property Investment Company!

There are many reasons why using a company to invest in residential property is good idea and Summer Budget 2015 made companies an even more attractive option. 609 more words

Bicknell Business Adviser

Is a Company the best way forward for Buy to Lets?

The Summer Budget made this decision even more complicated!

First landlords have a lot to consider..

  1. Transferring their portfolio will probably incur Stamp Duty and Capital Gains…
  2. 210 more words
Bicknell Business Adviser

Do you need help with HMRC?

HMRC aren’t easy to speak to and unless you know the tax rules its easy to make mistakes, that’s why HMRC allow you to appoint agents to help you with your tax affairs. 258 more words

Bicknell Business Adviser

Madison Asset Brief on Stock market Outlook for Q2 2015.

This week marks the end of the first half of 2015. The stock market hasn’t been impressive during the period. The NSE 20 shed 4% during the period while the NASI only returned 0.7%. 404 more words