Tax Documents
Professionally drafted, regularly updated documents each with its own "how to use" introduction

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Recently added or updated Tax Documents

Exchange of joint interest relief claim
If you swap a joint interest in land or buildings to rationalise your ownership for no proceeds, you may be able to defer a capital gains tax charge.ReliefWithout any form of relief on any reallocation of interests, capital gains tax would arise in respect of the interest given up, with the consideration... Read more
DOWNLOAD December 2018
Type: Letter
SEIS reinvestment relief claim
If you make a qualifying gain by investing in certain companies, you could enjoy a capital gains tax exemption.GainsCapital gains tax is payable when chargeable assets are sold, or otherwise disposed of, for proceeds or deemed proceeds that exceed their base cost. However, the seed enterprise investment... Read more
DOWNLOAD December 2018
Type: Key Data
Letter requesting pension charge payment
If you exceed the pensions annual allowance in any tax year, you will be subject to the annual allowance charge. But how can you get your pension provider to pay this?Annual allowanceThe amount of tax-relieved contributions you can make in any tax year is restricted further to the available amount of... Read more
DOWNLOAD November 2018
Type: Letter
Company terminal loss relief claim
If your company incurs a loss in its final twelve months of trading, you could make a claim for a special form of relief.Terminal lossesA company which suffers a loss in its final twelve months of trading can carry back certain losses for 36 months against profits of the same trade rather than the normal... Read more
DOWNLOAD November 2018
Type: Letter
Employee pool car agreement
Banning private use is essential for a car to be considered a pool car by HMRC. A verbal ban may work but it's more sensible to require the employee to sign an agreement that specifically states that the car is not to be used for private use. This will also help convince HMRC that you operate a genuine... Read more
DOWNLOAD October 2018
Type: Policy
Claim to carry back company trading loss
When your company makes a loss the amount is carried forward by default and will be used to offset total profits in the future. Use our claim to get immediate relief for company trading losses.CompaniesThere are a number of conditions that must be satisfied, including that the trade must continue, and... Read more
DOWNLOAD October 2018
Type: Letter
Pre-incorporation losses claim
As your business grows you will probably be advised to consider transferring it to a company at some stage. But what happens to any brought forward losses if you decide to incorporate?IncorporationDespite changes to dividend tax, it is still possible to achieve efficiency through incorporation, but the... Read more
DOWNLOAD October 2018
Type: Letter

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CGT EIS deferral relief claim
 Investing in enterprise investment scheme (EIS) shares gives you an opportunity to defer capital gains tax (CGT) that would otherwise be payable.claiming reliefEIS deferral relief, sometimes referred to as EIS reinvestment relief, can be used to delay and ultimately (sometimes) reduce a CGT bill... Read more
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Type: Letter
Entrepreneurs' relief checklist
When you sell or transfer all or part of your business you might be entitled to claim entrepreneurs' relief in respect of any capital gain you make. This means that the maximum rate of tax that will apply will be 10%. However, to qualify there are conditions that you and your business must meet.When... Read more
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Type: Checklist
CGT unpaid proceeds claim
If you sell an asset and the buyer fails to pay all or part of the proceeds, and you are unable to recover them, you can claim a reduction for the amount of gain chargeable to tax. Consideration payable after saleWhere you sell an asset and agree with the buyer that payment can be made by instalments,... Read more
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Type: Letter
Unincorporated business trading loss relief claim
If you've made a loss in your sole trade or partnership, you can claim relief for it against tax payable on your other income for that year or the year before. If any loss remains you can claim relief against your capital gains in the year of the loss or the previous year.Trading lossesYou can't offset... Read more
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Type: Letter
CGT rollover relief claim
When you've sold an asset that was used in your business, and this results in a capital gain, it's possible to defer or even avoid tax on this by claiming rollover relief. Selling a business assetCapital gains tax (CGT) applies to profit you make when you sell a business asset. If this results in a... Read more
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Type: Letter
Non-resident CGT charge election
Since 6 April 2015, non-UK residents have been liable to capital gains tax (CGT) on disposals (sale or transfer) of UK residential property. Where this rule applies the cost of the property for CGT purposes (the "base cost") is its value at 6 April 2015. However, an election to use a different base cost... Read more
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Type: Letter
CGT negligible value claim
If you own an asset that has become of negligible value, i.e. worthless, you can make a negligible value claim to HMRC which entitles you to treat the asset as if it were sold for nothing. The effect of this is to create a capital loss. Losses on sharesYou may have made an investment in the past that... Read more
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Type: Letter