Sinclair Day

April 4, 2018

What is your principle private residence?

As a general rule, there should be no capital gains tax (CGT) to be paid on a property which has been used solely as the main family residence (referred to by HMRC as one’s principle private residence). Conversely, an investment property which has
April 3, 2018

Presidential Guidance published on uprated Vento bands

The President of the Employment Tribunals (England and Wales) and the President of the Employment Tribunals (Scotland) have issued updated joint Presidential Guidance in relation to the so-called “Vento bands” for compensation for injury to feelings
March 28, 2018

Buy-back of company shares

When a company makes a purchase of its own shares, any excess paid over the amount of capital originally subscribed for the shares is usually treated as a distribution. However, there are special provisions that enable an unquoted trading company or
March 28, 2018

What’s in a name?

We recently discussed updated Companies House guidance that provides advice on checking which names are acceptable to Companies House when naming a company. HMRC also published guidance for choosing a company name when setting up a private limited