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Month: October 2020

October 28, 2020

Business Asset Disposal Relief (BADR) previously known as Entrepreneurs’ Relief (ER)   Business Asset Disposal Relief was known as Entrepreneurs’ Relief before 6 April 2020.   BADR/ER provides a beneficial 10% Capital Gain Tax rate on the first £1 million of eligible gains per individual (which is tested on a lifetime basis). The Budget 2020...

October 27, 2020

Share Purchase – A Case Law TC07052: Bostan Khan – First Tier Tribunal March 2019 Scenario: CAD Ltd was in the business of an employment bureau for consultants. Mr Khan was an accountant in practice and prepared the management accounts for CAD Ltd. There were a number of disputes between the shareholders of the company...

October 26, 2020

Chancellor announced increases in financial support for businesses yesterday to support businesses affected by COVID restrictions. Sunak highlighted that the current three-tier approach to introducing lockdown measures was ‘the right way to control the spread of the virus’. However, he acknowledged that ‘even businesses which remain open face profound economic uncertainty.’ So far, enhanced support...

October 20, 2020

The government has launched a new COVID fraud hotline to stop fraudsters who make illegal claims for support. The public can now call a dedicated phoneline anonymously and free of charge to report suspected fraudulent activity. The launch of the new Fraud Hotline is an initiative of government and independent charity Crimestoppers. Although fraud is...

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Leeds: 94 Street Lane, Leeds
Birmingham: 9 Sheaf Lane, Coventry Road, Birmingham
London: Suite 2462, Unit 3A,34-35 Hatton Garden,London, EC1N 8DX
Bradford: 22 Muirhead Drive, Bradford, BD4 0HJ
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London: 0208 0908 998
Bradford: 44 7515 029751
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GET IN TOUCHCare Accountancy Social Links
Taking seamless key performance indicators offline to maximise the long tail.

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