HM Treasury is consulting on a proposal to create Decommissioning Relief Deeds specifying the levels of tax relief that companies will receive on the costs of decommissioning used assets in the North Sea.
Lakshmi Narain reviews issues for advisers to consider this month.
Carl Mellor provides an overview of issues to consider, with further insight (below) from Peter Cussons and Graham Williams.
Annette Morley provides a refresher guide on this key relief.
HMRC needs a ‘better understanding’ of the costs and benefits of interventions such as debt campaigns and initiatives to drive down error and fraud in tax credits, according to the Head of the National Audit Office.
Angela Savin reviews the High Court decision to grant UK Uncut permission to challenge HMRC's settlement with Goldman Sachs.
Chris Morgan reviews topical developments, including HMRC's new guidance on beneficial ownership in relation to double tax treaty claims.
Jon Hills on establishing whether a company is small, medium or large for the purposes of the UK transfer pricing rules.
‘More than 4,000 companies are currently under investigation by the tax authorities, senior officials at Revenue & Customs revealed as they faced hours of hostile questioning by MPs over corporate tax avoidance.
HM Treasury is consulting on the proposed design of corporation tax reliefs to help maintain the UK’s status as ‘a world leader at producing animated programmes, high-end television and video games’. The reliefs would be among the most generous in the world, the Treasury said.