DLA Piper’s Post

Focusing on six key jurisdictions, our alert looks at changes and updates that could impact #GlobalEquity plans: https://lnkd.in/eAT8X2fK #EquityCompensationAwards #StockOptions #CircularNo23 #OneFifthRule

Understanding the updates to Business Asset Disposal Relief (BADR) is crucial for making informed decisions and aligning your plans with the latest tax developments. The changes are particularly relevant for: 💼 Business owners considering liquidating a currently trading company. 🛑Those with a company that has ceased trading within the last three years. 🏡 Furnished holiday let property owners, following the abolition of the furnished holiday let regime. 🔎 Explore the full article to uncover actionable insights and strategies to navigate these changes effectively: https://lnkd.in/eKQegCrU #TaxPlanning #BusinessStrategy #TaxAdvice #BADR #FuturePlanning #BusinessOwners #RRLCornwall #TaxCornwall

Despite interest and penalty relief announced by CRA, questions abound for corporations navigating capital gains changes: Check out this Globe and Mail article that our founder, Emily Mantle, CPA, CA, contributed to that looks at the complexities surrounding the proposed changes to the capital gains inclusion rate and the challenges they pose for Canadian businesses. https://lnkd.in/gATwNE8s

The capital gains inclusion rate is set to increase from one-half to two-thirds for corporations and trusts as well as individuals on the portion of gains exceeding $250,000. This will take effect for capital gains realized on or after June 25, 2024. Our trusted tax advisors have broken down how the new rules will impact you and your business. https://bit.ly/4ci4dYt #CroweMacKay #Crowe #CapitalGains #CanadianTax

Did you know you could be missing out on potential savings by not utilizing the Research and Development Tax Credit? Only a small percentage of eligible businesses recognize their eligibility for this credit. Let Cherry Bekaert assist you in securing its financial benefits. Get started today! https://okt.to/wEqipA #RandD #TaxCredits #ResearchDevelopment #TaxServices

As financial advisors strive to maximize returns and enhance overall portfolio performance for their clients, an often overlooked but highly effective technique deserves greater attention: active tax-loss harvesting. Tax-loss harvesting involves the deliberate realization of losses on underperforming investments to offset realized capital gains, thereby reducing clients' tax liabilities. While many advisors traditionally implement this strategy at year-end, its true potential is unlocked when it becomes a continuous, year-round practice. By vigilantly monitoring portfolios for tax-loss harvesting opportunities, advisors can significantly enhance the benefits and compound tax savings over time. This disciplined approach ensures that clients' target asset allocations are maintained while deferring taxes, ultimately leading to greater long-term wealth accumulation. In our latest blog, we underscore the critical importance of incorporating active tax-loss harvesting as a fundamental component of your wealth management strategies. 👉 Read the full article here: https://loom.ly/YA56SXU

The Autumn Statement: can you plan for what may come? Partner Mark Heppell, a member of our Corporate team in Manchester, shared his insights in the latest Insider Media 'Ask The Expert' column discussing how the forecast changes to Capital Gains Tax are currently impacting dealmaking activity in the UK. Read on Insider Media: https://lnkd.in/e5ThpRnj? Learn more about our Corporate team: https://lnkd.in/eBbrKZ44 #AutumnStatement #CapitalGainsTax #BusinessPlanning #CorporateLaw #UKEconomy #Dealmaking

📈 Tax-Efficient Dividend Management Dividends are a great way to distribute profits, but they require careful tax planning. 📌 Tip 1: Distribute dividends up to the tax-free allowance to minimise liabilities. 📌 Tip 2: Keep shareholder records accurate to simplify reporting. 📌Tip 3: Ensure there are sufficient profit and loss reserves from which to pay dividends. 📞 Lawrence Grant helps businesses optimise dividend taxation. #DividendTax #CharteredAccountantsLondon #SmallBusinessAccounting #TaxAdvisorsLondon

Siebert featured in Business Insider: In times of uncertainty, it's crucial to connect with your broker to ensure your portfolio is as resilient as possible and ready for any scenario. Stay proactive and safeguard your investments! #FinancialAdvice #BusinessInsider #PortfolioStrength https://lnkd.in/ex-2VCJ5