New ‘risk to capital’ condition for venture capital schemes: draft guidance
As noted in the February Technical Newsdesk, Clause 14 of Finance (No.2) Bill 2017-19 introduces an additional risk to c...
OMB
OMB
Risk to capital requirement for venture capital schemes: changes in Finance Bill 2017-18
Clause 14 of Finance Bill 2017-18 introduces an additional risk to capital condition in order for investments to qualify...
OTS review of replacing capital allowances with depreciation
Following on from the meeting with the OTS to discuss unincorporated businesses (reported in December’s Technical Newsde...
Most popular reads
Latest briefings
Small companies: filing abridged accounts prepared under FRS102 1A
In particular, where all the shareholders have consented to abridgement of the balance sheet and profit and loss account...
Making Tax Digital for Business: Regulations
Both CIOT and LITRG expressed concerns about the unprecedented amount of legislation that is being delegated to secondar...
OTS review of replacing capital allowances with depreciation: unincorporated businesses
In its review of the corporation tax computation, the OTS identified capital allowances as a major source of complexity,...
Distributions in a winding up TAAR guidance: CIOT and ATT comments
The TAAR, found in ITTOIA 2005 s396B, was introduced to prevent individuals converting what would otherwise be a dividen...
New £1,000 trading and property allowances (TAPAs)
November, the Trading and Property Allowances, originally announced at Budget 2016 with the aim of providing simplicity ...
‘Patient Capital’ consultation
The extensive Treasury consultation ‘Financing growth in innovative firms’ considers the lack of effective supply of pat...
OTS call for evidence: tax relief for tangible fixed assets using accounts depreciation
Background to the call for evidence In its review of the corporation tax computation (