Revenue & Customs Brief 22/11 clarifies guidance on the acquisition of electricity from a combined heat and power station and the availability of an exemption from climate change levy for ‘qualifying power output’.
New research suggests that the UK has one of the highest tax burdens for both low and high earners of ‘any major economy’, according to UHY Hacker Young.
The Government has published two consultation documents with the stated aim of supporting innovation and productivity in the UK.
Robert Langston provides an outline of the rules in TCGA 1992 s 13 which can attribute the gains of overseas companies to UK shareholders
HMRC have published draft, updated guidance, together with minutes of the 4 April meeting of the Research & Development Consultative Committee.
The drive for individuals to provide services through intermediaries comes from a number of different parties including employers, end clients and employment agencies, members of the IR35 Forum noted at the Forum’s inaugural meeting.
Will the changes simplify the rules in practice? Michael Bell and Tracey Wright analyse the practical impact of the changes in the current Finance Bill
HMRC have invited comments by 31 August 2011 on: