Structuring a property company to save tax
A client came to us who had a large property company. After exploring the way the company had been structured by the company’s previous firm of Chartered Accountants, we advised on…
A client came to us who had a large property company. After exploring the way the company had been structured by the company’s previous firm of Chartered Accountants, we advised on…
Inheritance tax planning saves £124,000A client wanted us to do some inheritance tax planning on their estate. The client was a divorced man in his late sixties with one daughter and…
A client came to us to handle the accounting and tax affairs of his property company. The company was making a loss, however the director expected it to make significant…
At first glance, many people would consider the capital gains tax calculation on a guesthouse sale as reasonably straightforward. You need to consider the cost of the property, cost of…
Western businesses have an uphill struggle to get on in post-Communist Russia. Chris Wilkins reports.The papers are full of it; television documentaries extol it - Russia is the place to…
In April, the Inland Revenue issued the new income tax self assessment forms which we all fully expected, but for which we are almost certainly unpreparedThere is something about the…
Chris Wilkins FCCA has clients in St Petersburg, Moscow and Kazakhstan. He has travelled on business in Russia and regularly grapples with the vagaries of Russian taxes. Here he explores…
"It's Norman on the line", my secretary said."Hi Chris, how's it hanging?", Norman always started his conversations with the same opening gambit.The phone line from Toronto was crackling, so he…
How often have you seen a seemingly solid company go under – not because it hadn’t a wealth of assets, nor because it was not making healthy profits, but merely…
ATED (Annual Tax on Enveloped Dwellings) This is an annual tax payable by companies that own UK residential property valued at more than £500,000. The property needs to be valued…