Craig Simpson, Tax Partner at Bates Weston, considers the implications of using deferred consideration to pay outgoing shareholders when an Employee Ownership Trust (EOT) is created.
Capital Gains Tax
EOT Share Valuation
The tax costs of overvaluation are significant should HMRC consider the transaction overvalued. Getting an independent valuation early in the EOT thought process is important.
Disqualifying an EOT
Craig Simpson, Tax Partner at Bates Weston looks at the events which can disqualify an EOT and at who becomes responsible for the tax payable.
Capital Gains Tax hike on the way?
Should you consider accelerating your business disposal to capture the current rates of Capital Gains Tax?
Capital Gains Tax Statistics 2020-2021
Capital Gains Tax collected in 2020-2021 reached a record high of £14.3 bn at a time when many would have predicted a more negative outlook.
Latest Capital Gains Tax figures published
Our tax team take a look at the latest Capital Gains Tax (CGT) figures published by HMRC and consider what the future holds for the tax.
Government response to Capital Gains Tax Review
A summary of the Government’s response to the recommendations made by the Office of Tax Simplification Capital Gains Tax Review
Autumn Budget 2021 what we know so far
What do we know so far about the Autumn Budget 2021? The spending announcements, the expected cuts and the possible tax changes.
Rishi Sunak and Capital Gains Tax
Did Rishi Sunak’s Conservative Conference speech give any clues about his plans for Capital Gains Tax?
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