Taxation of Employee Ownership Trusts

Taxation of Employee Ownership Trusts

HMRC are consulting on the tax treatment of Employee Ownership Trusts – an increasingly popular alternative to trade sale or Management Buy Out for business owners. Richard Coombs, Tax Partner at Bates Weston, considers HMRC’s proposals.

Year End Tax Planning Guide 2023

Year End Tax Planning Guide 2023

As the self-assessment tax filing deadline has passed, it’s now time to check your plans are tax efficient for the tax year ending 5 April 2023.

Changes in the way taxable business profits are calculated

Profit Extraction

What do the changing tax rates and allowances announced in the November 2022 Budget mean for profit extraction from your company?