No more non-doms…

No more non-doms…

Tax will always be a political football, and in recent times, those fortunate enough to be considered non-doms will have felt like they have been kicked around more often than most – and sadly (for them) by the opposition team.  First we had the significant changes in April 2008 that had the effect of substantially. Read more

Minimising CGT using EIS and Entrepreneurs’ relief

Minimising CGT using EIS and Entrepreneurs’ relief

Until recently, individuals who wanted to minimise their exposure to CGT on the sale of a business had to choose between paying 10% CGT by claiming entrepreneurs’ relief (ER), or to defer the gain using the Enterprise Investment Scheme (EIS) or the new Social Investment Tax Relief (SITR). The gain subject to the ER claim. Read more

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