Construction industry scheme consultation
Status of distributions subject to an earn-out
Interest rates are not going up just yet, but the Bank of England is preparing the ground for the first move in many years, as David Smith reports
According to the Financial Times (30 June), tax incentives for long-term investors would be the priority for an incoming Labour government, rather than cuts in corporation tax, Ed Balls has said.
HMRC is consulting until 22 August on the Market Value of Shares, Securities and Strips Regulations, SI 2014/Draft.
The government tabled the following new clauses and amendments (in addition to those reported in last week’s Tax Journal) for Report Stage on 1–2 July:
Payments to a rugby club not deductible
Fine imposed by governing body not deductible
Driven by a confluence of fiscal, economic and accounting factors, a move towards disaggregating intangible assets from goodwill has quickly gathered pace. Jolyon Maugham examines the tax issues arising out of this process of disaggregation