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PRIVATE BUSINESS TAXES


Avoidance involving the transfer of assets to Gibraltar

Sideway loss relief

Capital allowances on ship leasing

Andrew Goldstone and Victoria Howarth provide an update, including: the increased transparency of ownership of UK companies; new HMRC guidance on the taxation of damages; a recent decision on reasonable excuse for late returns; and why professionals acting as charity trustees need to be aware of potential conflicts of interest

Peter Vaines considers the decision in Roelich on the meaning of  ‘business’ for CGT incorporation relief purposes

Peter Gouw answers a query on whether part of business sale proceeds can be attributed to goodwill

Rachel Austin summarises how the new theatre tax relief will work

Was a loan stock instrument a relevant discount security?

Was incorporation relief available on the transfer of a consultancy business?

As a result of the removal of extra-statutory concession B47 in April 2013 (following the Wilkinson decision [2005] UKHL 30), landlords can no longer claim tax relief for the replacement of free-standing white goods in unfurnished residential lettings.

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