Pete Miller of Ernst & Young takes us through some of the major changes to company taxation in the Budget
Much of the material in this year's Budget had been trailed previously either in the Pre-Budget Report or in consultation. But there were a few surprises and plenty to write about. I won't buck the trend!
The Surprises
Let's start off with a couple of surprise items: the revision to the associated companies rules for small companies' relief; and the legislation after 53 years of the Sharkey v Wernher36 TC 275 principle.
Small companies' relief — changes to associated companies rules in relation to business...
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Pete Miller of Ernst & Young takes us through some of the major changes to company taxation in the Budget
Much of the material in this year's Budget had been trailed previously either in the Pre-Budget Report or in consultation. But there were a few surprises and plenty to write about. I won't buck the trend!
The Surprises
Let's start off with a couple of surprise items: the revision to the associated companies rules for small companies' relief; and the legislation after 53 years of the Sharkey v Wernher36 TC 275 principle.
Small companies' relief — changes to associated companies rules in relation to business...
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:
