We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Capital Gains Tax on selling business asset (non-property)
Comments
-
If Entrepreneurs relief is not available in view of the doubts expressed above, could the OP transfer one half of the business to spouse in order to attract two lots of annual exemptions?
0 -
it's a shame that we're living in unusual times..Jeremy535897 said:Retrospective tax increases are not impossible, but are very unusual, outside the tax avoidance arena.
OP begins search for a spouse before tax changes occur...inspectorperez said:If Entrepreneurs relief is not available in view of the doubts expressed above, could the OP transfer one half of the business to spouse in order to attract two lots of annual exemptions?
0 -
"OP begins search for a spouse before tax changes occur..."
That bit of advice is worth at least £300 per hour. Over 40 characters in the message, ignoring spaces and emojis, must be at least 2 hours chargeable
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.4K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards