Understand the Principles of Capital Taxation on Personal Business and Family Wealth This user-friendly book can be readily understood, whether you are an individual who wishes to control who benefits from your estate, or a professional adviser. It is an easy and straight-forward way of understanding the principles of capital taxation on personal business and family wealth and how, by careful planning, its impact can be, legally, mitigated. It includes: * the lastest changes in legislation, case law and practice * a useful glossary of terms, together with charts and tables and a summary of tax planning opportunities * clear reference to where to find the relevant legislation, case reports, practice notes and Inland Revenue Manuals for further research New for this edition * The new method of calculating CGT since the vast changes that have taken place * The closure of tax avoidance schemes involving the use of trusts * Taper relief on disposals of business assets and the new definition of business assets * Employee share schemes * Changes to the Enterprise Investment Scheme & Reinvestment Relief, Venture Capital Trusts and Corporate Venturing