End of the goodwill trick?
Finance Act 2015 includes two changes that affect the decision to incorporate a business and by which method....
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The summer of tax calculations
Of all the bombshells that rained on tax advisers in the chancellor’s summer Budget one has caused the most debate....
A reality check?
Share and business valuers are an odd crowd, which perhaps explains the frisson of excitement in their ranks when the de...
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Raiders of the loss relief
In the early days of my tax career, nearly 25 years ago, there was a legislative provision that I thought a very useful ...
Great expectations
The acquisition of an asset and its subsequent lease back to the vendor is known as a sale and leaseback (S&L) trans...
Taking the credit
The research and development expenditure credit (RDEC) was introduced by the Finance Act 2013 and has led to a change in...
Raising taxes
Slowly the word crept out that there would be a great deal in the summer Budget – although details of the content remain...
Flexible friend
Historically, mere mention of pensions left the listener glazed over, searching for anything else to talk about....
Substantive appeal
Trade is defined by ICTA 1988 s 832 in broad and circular terms as including ‘every trade, manufacture, adventure or con...
Simpler Status
Readers will recall that the Office of Tax Simplification (OTS) was set up by the coalition government....