Government releases draft legislation on Residential Property Developer Tax for technical consultation. Clarifies definitions of residential property and associated activities.
The ICAEW comments on the Tax Administration Framework Review consultation which closed on 13 July 2021.
Restructuring a business when outgrowing a Family Investment Company through a demerger can be a tax efficient way to allow family members to pursue different commercial goals.
Restructuring a business to resolve shareholder disputes through a demerger can be a tax efficient option to separate ownership of assets, allowing shareholders to take their respective parts of a business under their sole ownership.
Planning to sell your business or are in the process of marketing it? Restructuring your business using a demerger may be a tax efficient method of accommodating a potential buyer.