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CORPORATE TAXES


The Exchange Gains and Losses (Bringing into Account Gains or Losses) (Amendment) Regulations, SI 2013/1843 amend the calculation of exchange gains or losses arising on disposal of a hedging instrument to be brought back into account for corporation tax purposes, where there is a change in functi

HMRC is consulting until 16 September 2013 on adding two new terms to the investment manager exemption ‘white list’ of transactions, i.e. those carried out by non-resident funds and not taxed in the UK as trading activities of the fund.

Findings from the House of Lords Select Committee on Economic Affairs in its report, Tackling tax avoidance in a global economy: is a new approach needed?

Sponsorship of rugby club

The Capital Allowances (Energy-saving Plant and Machinery) (Amendment) Order, SI 2013/1763, has been published. This amending order gives statutory force to the revised energy technology criteria list and energy technology product list with effect from 7 August 2013.

The government is consulting until 13 September 2013 on proposals for a shale gas site (or ‘pad’) tax allowance, which would exempt a portion of production income from the supplementary charge on ring-fence profits.

Card image Alison Lobb Heather Self Robert Langston Andrew Goodall Paul Morton

Our special report on the much awaited OECD report, with contributions from Paul Morton, Robert Langston, Alison Lobb and Heather Self

Purchasing a company that has implemented trust-based remuneration planning brings with it some technical and practical challenges. Jon Robinson and Chris Thomas offer guidance to buyers

Stephanie Hurst and Alycia Spitzmueller provide a step-by-step approach to the adoption of the new accounting framework

Adam Craggs and Jonathan Levy provide a refresher guide to the rules on HMRC’s internal review process

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