Market leading insight for tax experts
View online issue

The new degrouping rules: practical implications

Elizabeth Bradley, Richard Harbot and Katherine Durkacz consider the issues for financial services groups relating to the new chargeable gains degrouping rules

Richard HarbotElizabeth BradleyKatherine DurkaczThe Finance Bill 2011 announced significant changes to the chargeable gains degrouping rules.

Although the changes have been labelled a ‘simplification’ they are in fact designed to raise tax by approximately £10 million per year.

In that context financial services groups should plan ahead to mitigate the effect...

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top