Archive | Company Secretarial

Incorporation. The big deal.

Reproduced with kind permission from Nursery Management Today March/April issue 2013 To incorporate or not to incorporate? That is the question, says Carol Cheesman, who talks readers through some of the issues you have to consider before taking – or not – the big step. You have a fledging nursery business or perhaps you’re planning […]

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Entrepreneurs Relief

This relief allows gains made on the disposal of qualifying assets to be taxed at 10% instead of the standard rates of 18% or 28%, subject to a lifetime limit of £10 million. The relief is most commonly available to sole traders and partners selling the whole or part of their businesses and company directors […]

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Striking Off a Company

The House of Commons recently passed the Enactment of Extra-Statutory Concessions Order 2012, thereby giving legislative effect to six extra-statutory concessions including Extra Statutory Concession C16 which deals with the tax treatment of distributions to shareholders when a company is struck off without a formal winding up. Under ESC C16, HM Revenue & Customs has […]

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