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PRIVATE BUSINESS TAXES


Jackie Wheaton (Moore Stephens) answers a query on a client which is considering making sponsorship payments to a local cricket club, and wants to know if these are allowable

Unallowable purpose straddling two accounting periods

Was a horse breeder carrying on a trade?

Determinations and deliberate failure by the taxpayer

AIA and ‘qualifying persons’

This year’s Finance Act has made significant changes to the taxation of partnerships with a mix of individual and non-individual members. Howard Murray and Josh Lom (Herbert Smith Freehills) provide your guide to the new rules

Avoidance involving the transfer of assets to Gibraltar

Sideway loss relief

Capital allowances on ship leasing

Andrew Goldstone and Victoria Howarth provide an update, including: the increased transparency of ownership of UK companies; new HMRC guidance on the taxation of damages; a recent decision on reasonable excuse for late returns; and why professionals acting as charity trustees need to be aware of potential conflicts of interest

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