

Salary Sacrifice
Salary sacrifice is an arrangement between an employer and employee whereby the employee agrees to forgo a portion of their salary in...


Rollover Relief (RR)
Rollover Relief (RR) is available to companies and traders when they sell a business asset and replace it with another. RR is a form of...


Land Remediation Relief (LRR)
Land Remediation Relief (LRR) is intended to encourage businesses to remediate contaminated land in order to make it suitable for...


Loss Relief for Companies
Companies are typically established with the goal of making a profit. However sometimes they may incur losses. When a company makes a...


Loss Relief for Sole Traders
When a sole trader (or self-employed) makes a trading loss it can be utilised in several ways to reduce tax liability. Effective loss...


Termination Payments: Personal Tax Implications
Termination payments, often arising at the time of retirement or dismissal, can include compensation for loss of office, redundancy...


Family Investment Company (FIC)
A Family Investment Company (FIC) is a private company whose shareholders are usually members of the same family. This structure is often...


Gift Relief for Capital Gains Tax (CGT)
For CGT purposes a gift made by an individual is treated as a disposal even though no money changes hands. The disposal is valued at the...


Relief for Married Couples
In this article, we explore the tax reliefs available for married couples and civil partners. There are two primary reliefs: the Married...