Originally posted by ChimpMaster
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ER - not scrapped
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Originally posted by Maslins View PostAt the absolute bargain price we do them for there's no money in it for poor old meComment
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Originally posted by Maslins View PostAsk your accountant
And stop liking his post you turncoats!!'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostI did. They've never heard of MVLO either.
And stop liking his post you turncoats!!Comment
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Originally posted by Paralytic View PostI suspect the clue is in the name. So, if you've already claimed past the £1m level, you can't get ER on any future claims.
I've not seen this confirmed anywhere though, but I'd be surprised if it was not this.Originally posted by jamesbrown View PostOh, I think so, yes. I don't think they are increasing the lifetime limit to 11m for those that had previously claimed 10m+.
Another thought, if you have 2 shareholders then they each get £1m. So if it's a husband/wife business then the family get £2m lifetime allowance.Comment
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Originally posted by ChimpMaster View PostYes I agree.
Another thought, if you have 2 shareholders then they each get £1m. So if it's a husband/wife business then the family get £2m lifetime allowance.Comment
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Originally posted by MrContractor85 View PostHave you had your first distribution yet?
Correct me if I'm wrong but if distribution 1 is made this tax year, and then distribution 2 is made post April 6th so new tax year, then you're up 1.2k because the 12k CGT allowance is utilised in 2 tax years?Comment
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Lucky escape for most, but next under attack will be actual rate of tax (as part of CGT “reform”)Comment
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