Tag: BADR
Can Too Much Cash In Your Company Cost You BADR?
Introduction Business Asset Disposal Relief (‘BADR’) is often associated with trading businesses, entrepreneurial risk, and the eventual sale or winding up of a successful company. However, many otherwise straightforward BADR claims run into difficulty because of a question which, at first sight, appears surprisingly simple. What happens if the company […]
Read MoreBusiness Asset Disposal Relief – Traps for the unwary
Business asset disposal relief may not be the most complicated CGT relief there is but it still sets traps here and there. Our professional clients, in particular, discuss BADR with their clients all the time but the points outlined in this article may still sometimes trip up the unwary. The […]
Read MoreTo QCB or not to QCB
You – or perhaps your client – are selling a trading company. The buyer either cannot afford to pay cash in full or does not want to. The buyer is prepared to offer loan notes to be redeemed at some point in the future. But how should those loan notes […]
Read MoreTax 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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