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