Consortium relief: non-UK link company
Angela Savin considers whether the decisions in Versteegh and Greene King indicate a move towards HMRC challenging accounts and wh y this matters to the taxpayer
George Osborne’s Budget measures took attention away from the state of the public finances. There is a long way to go before they are back to health, David Smith writes
Colin Garwood gives a view from industry on the OECD’s work surrounding how to tax the digital economy and intangibles
Malcolm Pengelly answers a query on when a holding company is dormant
The European Commission has concluded that UK corporation tax relief for producers of video games, contained in FA 2013 Sch 17, is compatible with EU state aid rules. This follows an in-depth investigation into the relief, started in April 2013.
HMRC has published a note to clarify the taxation of non-trade businesses under ITTOIA 2005 Part 5 Chapter 3.
The government is consulting until 8 May 2014 on a ‘revenue-neutral’ reform of the bank levy, allocating banks into different charging bands according to their chargeable balance sheet equity and liabilities.
Tony Beare looks at the Budget measures affecting multinational companies
Eloise Walker considers difficulties with the new government measures on tackling avoidance involving the transfer of corporate profits