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Related UK Tax Questions
I made a loss on my shares from my trading company which went
I made a loss on my shares from my trading company which went into liquidation during 2013, and a small gain from the sale of some assets. Can I claim the loss of the share holding which was £104,000 … read more
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Tony Tax
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Hi - can I make a claim for capital loss (share purchase) against
Hi - can I make a claim for capital loss (share purchase) against my income tax. I invested £70000 in 2005 in a Insurance Brokerage company in which I was employed, in 2010 theye were forced into liqu… read more
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Tony Tax
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I have a director of a close trading company that has an overdrawn
I have a director of a close trading company that has an overdrawn loan account of circa £600k. The company has reserves of over £700k and the director wishes to wind up the company. The company has p… read more
TEAP007
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Hi, I am currentley a 63 year old retired video producer. Standard
Hi, I am currentley a 63 year old retired video producer. Standard rate tax payer with income frome private pension and savings. Three years ago we closed our company and paid off staff, we have recen… read more
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I made a loan to a small company - the loan went bad when the
I made a loan to a small company - the loan went bad when the company went into liquidation. I got nothing back. I appreciate that I can write off the capital loss against capital gains for the year b… read more
taxadvisor.uk
taxadvisor.uk
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Hi, I had closed the business in Oct 2010 and had considerable
Hi, I had closed the business in Oct 2010 and had considerable net profit extracted out of business. I was expecting to pay capital gain tax on this amount shared between me and my partner, paying 10%… read more
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Is tax relief available on the written off value of shares
Is tax relief available on the written off value of shares held in a company in which you were employed?… read more
taxadvisor.uk
taxadvisor.uk
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A UK based limited company, whose principal activities are
A UK based limited company, whose principal activities are the management & development of property (in the UK, specifically in the RBKC in London), acquired 117647 ordinary 4p shares in an unquoted c… read more
berduchwal
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n July 2010 I have set up a company limited by guarantee instead
n July 2010 I have set up a company limited by guarantee instead of one limited by shares by mistake. I have then proceeded to earn money and pay myself in directors dividends for the next 8 months. I… read more
CCTax
CCTax
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I would also like to procure some advice regarding my 2010/11
I would also like to procure some advice regarding my 2010/11 personal tax return. In particular I have made several private equity investments over the past 3 years (some of which were local and qual… read more
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I now have a purchaser for the properties which would take
I now have a purchaser for the properties which would take them out of the equation but he company buying the goodwill and stock have put in a lower offer for the shares as it is not as tax efficient … read more
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Hello, I have made some significant schedule A and capital
Hello, I have made some significant schedule A and capital gains tax losses over recent tax years regarding property investments. Is there any way I can offset any of these losses against the followin… read more
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Can I have a succinct summary of how CGT works for share investments
Can I have a succinct summary of how CGT works for share investments? Proceeds, acquisition cost, share matching, what expenditure can and can not be deducted, tax reliefs etc. Thanks… read more
Sam Pathak
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My father owns a limited company. When it was set up twenty
My father owns a limited company. When it was set up twenty years ago there were 100 shares - of which I own ten. He is now closing the company and the company's worth is around £500,000. So my slice … read more
Tony Tax
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I participated in the initial funding for a Limited company
I participated in the initial funding for a Limited company in 2003 that I subsequently became a Director of. There were three subsequent rights issues that I participated in from June 2006 until late… read more
Tony Tax
Tony Tax
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I invested in a start up company (about 25k). The company
I invested in a start up company (about £25k). The company went bankrupt. Can I claim tax relief on my loss? (I am a higher rate tax payer, so can I claim 40% of £25k, i.e. £10k?) If so what do I need… read more
Tony Tax
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We run a small limited company to which we have made director
We run a small limited company to which we have made director loans in order for that company to continue trading. We have decided to close down the company want to know if our director loans to the c… read more
Tony Tax
Tony Tax
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High School or GED
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My wife and I (50 50) own a limited company which we are considering
My wife and I (50:50) own a limited company which we are considering selling. It is worth over £3m which by my calcualtions will result in a CGT bill of £380k (i.e. £2m @ 10% and £1m @ 18%). We intend… read more
marimonay
marimonay
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