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CORPORATE TAXES


The UK has been ranked behind five major competitors on personal and business taxation, according to a Populus poll for The Times in which voters were asked to rate the UK’s ‘performance’ in terms of ‘the level of personal taxation’ and ‘the level of taxes on wealth creation’.

Tony Beare provides an overview of the measures in Schedule 13 of the current Finance Bill

Simon Groom with your refresher guide to the rules

Helen Lethaby provides this month's update on tax issues affecting the City, including consultation resulting from Basel III, recent accounting changes, the overlooked decision in Audley and an update
on the GAAR study

The most common form of consensual corporate restructuring is the debt-for-equity swap. Marcus Rea examines the tax issues

Tax professionals have welcomed two government consultations on reforms designed to support innovation and productivity in the UK.

HMRC have published an ‘informal consultation’ to explore potential changes to the debt cap rules in TIOPA 2010 Part 6 which restrict restricting tax relief for interest and other finance costs. Comments are invited by 5 September. ...

The value of the retail prices index for May 2011 is 235.2.

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