Robert Jamieson

ROBERT JAMIESON discusses the implications of the Special Commissioner's decision in Phizackerley.

ROBERT JAMIESON MA, FCA, FTII provides an update of the degrouping charge rules in the light of the Finance Bill.

A TAX CHARGE exists under section 179, Taxation of Chargeable Gains Act 1992, where a subsidiary leaves a 75 per cent group, having acquired a chargeable asset from another group member within the previous six years. The subsidiary must still hold the transferred asset.

 

ROBERT JAMIESON MA, FCA, FTII, partner in Mercer & Hole, examines the new régime for fluctuating profits for creative artists introduced by section 71 of, and Schedule 24 to, the Finance Act 2001.