Category: Podcast

Transferring a Property Rental Business to a Limited Company

Recorded March 2025 · Episode 4 · 10:34 In this episode I examine the incorporation of a property rental business held by a partnership or LLP into a limited company. I explain the potential advantages, including the availability of incorporation relief under s.162 TCGA 1992 to defer the capital gains […]

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Tax Aspects of UK Corporate Demergers

Recorded May 2025 · Episode 11 · 14:57 In this episode I work through the tax treatment of corporate demergers, the process by which a company or group is split into separate parts. I explain the three principal routes — the statutory (exempt) demerger, the capital reduction demerger and the […]

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Statutory Residence Test – Common Errors

Recorded May 2025 · Episode 10 · 5:09 In this episode I look at the mistakes most often made in applying the statutory residence test. I explain the correct order in which to work through the automatic overseas tests, the automatic UK tests and the sufficient ties test, why that […]

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SDLT Mixed Use and Recent Cases

Recorded May 2025 · Episode 9 · 5:01 In this episode I examine when a property purchase can be treated as mixed use for stamp duty land tax, so that the lower non-residential rates apply rather than the residential rates and the surcharge. I look at the recent run of […]

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EMI Options – An Update

Recorded May 2025 · Episode 8 · 6:49 In this episode I explain enterprise management incentive options, one of the most tax-efficient ways for a smaller company to attract and retain key people. I set out the qualifying conditions for both the company and the individual, the tax treatment on […]

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UK Corporate Tax Residence and HMRC’s Approach

Recorded March 2025 · Episode 7 · 10:02 In this episode I examine when a company is resident in the United Kingdom for tax purposes and how HMRC approaches the question. I explain the central management and control test that sits alongside the incorporation rule, what the case law tells […]

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Tax Risks of Liquidation Distributions – Navigating the TAAR

Recorded March 2025 · Episode 6 · 7:34 In this episode I examine the risk that a distribution made in the course of winding up a company is taxed as income rather than capital, under the targeted anti-avoidance rule. Where the conditions are met — broadly, where the individual carries […]

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Tax Implications of Divorce Settlements

Recorded March 2025 · Episode 3 · 4:33 In this episode I consider the tax consequences of divorce and separation. I look at the capital gains tax treatment of transfers of assets between separating spouses and civil partners, including the no gain, no loss window and the more generous rules […]

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Inheritance Tax Changes after the 2024 Budget

Inheritance Tax Changes after the 2024 Budget Recorded March 2025 · Episode 2 · 6:30 Update note (June 2026): Two things have moved since this episode was recorded. The residence-based system that replaced domicile is now in force, having taken effect on 6 April 2025. More significantly, the agricultural and […]

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Employee Ownership Trusts after the 2024 Budget

Employee Ownership Trusts after the 2024 Budget Recorded March 2025 · Episode 1 · 9:48 In this episode I examine employee ownership trusts and, in particular, the changes introduced in the October 2024 Budget. An EOT allows a controlling interest in a company to be sold to a trust for […]

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