As we run up to the 7 May 2015 election, thoughts turn to what the result might mean for UK startup and fast growth companies? Techcrunch has noted the partisan approach that UK tech companies seem to be taking in writing a letter in support of the Conservative Party and points out that this stance should … Read moreWhat will the 7 May election mean for UK tech companies?
Enterprise Management Incentive share option schemes (or ‘EMI’ for short) have long been a useful tool for entrepreneurial fast growing companies that wish to both tie-in key employees and incentivise them tax efficiently with the promise of jam tomorrow in the form of a slice of the share equity. The peculiar thing as evidenced from … Read moreHas your company missed out on EMI too?
Current tax rules require shareholders to be officers or employees of a company and hold 5% of the ordinary shares (and voting rights) for a 12 month period prior to sale to qualify for the holy grail of entrepreneur’s relief (ER) – ER results in a 10% personal capital gains tax rate (CGT) as opposed to a top … Read moreReform needed for 5% shareholding req for Entrepreneur’s Relief
It was nice to be quoted in today’s North West BusinessDesk.com (registration required) on why now might be a good time for entrepreneurial business owners to consider selling or exiting their business. I thought it might be useful to expand on this short published article. You may have heard in the fairly recent Emergency Budget … Read moreWhat does Entrepreneur’s Relief mean for you as a business shareholder?
HOT OFF THE PRESS: We’ve just launched a brand new online course that shows you exactly how to complete and file your SEIS / EIS advance assurance application with HMRC. We walk you through every stage of filling out the form plus share some additional resources to help ensure a smoother passage through HMRC. Access … Read more7 tax incentives for UK digital & technology startups