Trading or investing? Understanding the badges of trade
Each trading classification has unique characteristics that HMRC evaluates using the badges of trade. It’s important to understand these distinctions so you can make sure you’re tax compliant.
Jon joined Price Bailey in August 2021, having worked in various roles within corporate and business tax.
Jon is a Director in the City office’s tax team and works closely with Jay Sanghrajka in supporting Price Bailey clients in understanding their corporate and business tax affairs. His specialist areas are restructuring and property taxes and he has also advised many owner-managed businesses.
Outside of Price Bailey Jon enjoys playing badminton and tennis, enjoying the occasional beer with friends and spending time with family.
Articles by Jon
Alternative assets
Classic cars have long been considered both a passion and an investment for enthusiasts. From their aesthetic appeal to their potential for value appreciation, classic cars offer a unique opportunity for investors. Find out more about their tax treatment here...
Investing in fine wine – will I be taxed?
Investments in fine wine must be carefully considered, as the tax position is not straightforward, and unwary investors may find themselves subject to unexpected tax liabilities. Find out more here.
How are legislative and tax developments reshaping property ownership structures?
Recent tax and legislative developments may lead landlords to question whether it's prudent to continue renting out properties given current market conditions, or if selling is perhaps a more suitable option. In this article, we reflect on the different ways landlords can hold property, their corresponding tax and compliance implications and the challenges the current rental market is facing.
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