A payment is made by a freeholder to a tenant for the surrender of a lease. Jackie Wheaton reviews the key corporation tax issues
Availability of partnership losses to individual partners
Martin Mann provides guidance on the taxation of gift of shares in a family company
Business not conducted on a commercial basis
Limitation to loss relief in relation to partnership share
EIS and taper relief
Salary sacrifice arrangements did not work
HMRC needs to do more to demonstrate that the revenue protection it claims for the IR35 legislation outweighs the costs it imposes, says the House of Lords Select Committee on Personal Service Companies in a recently published report
Jeanette Zaman and Zoe Andrews write that the recent changes to the partnerships tax rules highlight an increasing trend for loosely drafted, wide-reaching legislation that requires reliance on detailed guidance to identify its actual anti-avoidance targets
HMRC has published a note to clarify the taxation of non-trade businesses under ITTOIA 2005 Part 5 Chapter 3.