Why Entrepreneurs’ Relief changes should be the lesser concern for IT Contractors

Why Entrepreneurs’ Relief changes should be the lesser concern for IT Contractors

March 15, 2016


Our Business Risk Adviser, Nick Hood comments for Contractor UK on the threatened changes to the taxation of funds taken out of companies operated by IT contractors.

…many contractors have heard rumours that the government intends to make changes to Entrepreneurs’ Relief (ER), which currently limits tax payable on capital gains. Unfortunately, the amendments that are actually proposed in this area of taxation go much further than just changing ER. These changes could have a majorly adverse impact on contractors who are operating via limited companies …….

 

Click here to read the full article

 

 

Related News

A review of 2022 complex international insolvency cases – the challenges and how they were addressed

January 20, 2023

Read more

Categories: Group, Opus News, Restructuring & Insolvency

As CBILS defaults rise, what now for struggling borrowers?

January 18, 2023

Read more

Categories: Business Advisory, Group, Restructuring & Insolvency

Categories

Previous Articles