How to obtain entrepreneur’s relief on liquidation
Bristol & West plc (TC2630)
As a result of Croatia entering into the European Union today, annual EU savings directive reports made by UK financial institutions to HMRC must include payments made to Croatian individuals after 1 July. The Revenue will issue reminders to organisations that currently make such returns.
Tune in to the new relief for TV and animation production companies
In a scenario that is the reverse of that usually encountered, the shareholders of an Isle of Man limited company intend that its place of residence should be moved to the UK
A radical new approach to address high-profile tax avoidance
HMRC have published a consultation document aimed at strengthening the code of practice on the taxation of banks, which has been adopted by 262 organisations since its introduction in 2009.
The condoc describes the approach expected of banks with regard to governance, tax planning and engagement with the Revenue, and discusses how the long-term effectiveness of the enhanced code can be ensured.
HMRC issues CT600 reminder
CRC v Marks & Spencer plc, Supreme Court
HMRC’s double taxation treaty passport (DTTP) scheme operates for overseas corporate lenders and applies to loans taken out on or after 1 September 2010. Two main changes have been made with effect from April 2013:
A careful look at the changes to the taxation of loans to participators and other extractions of value from close companies
The Treasury is consulting on how to provide additional funding through the tax system to support digital media production in the UK, including the visual effects sector. The government is keen to learn more about: