The tax sector’s controversial new assurance standard is aiming to raise capital through the issue of shares.
Investors are being invited to put a minimum of £200 into the Fair Tax Mark (FTM), which is designed to encourage transparency by firms that pay corporation tax.
The FTM is registered with the Financial Services Authority as an industrial and provident society (IPS), categorising the standard is a not-for-profit organisation operating a business for the benefit of the community.
Ghelanis Superstore & Cash and Carry Ltd (TC3251)
A company owned by a father and daughter provides commercial loans and manages properties and collects rents. Activities include those carried out for family members and their businesses
A look at the National Audit Office report on the landscape of tax breaks
There is no evidence that the global corporate tax base is falling to pieces as the result of aggressive avoidance by multinationals, according to an academic study carried out on behalf of the Association of Chartered Certified Accountants (ACCA).
A company paid tax under CTA 2010, s 455 in respect of directors’ overdrawn loan accounts. The loans were repaid in full shortly before a liquidator was appointed in connection with a members’ voluntary liquidation
Each Taxation writer provides a tetrad of analyses of the chancellor’s announcements
A will trust owns and operates the business of a school. The trustees wish to form a limited company, of which the trust will be the sole shareholder, to which the school assets and liabilities will be transferred. Questions of entitlement to incorporation and entrepreneurs’ relief are examined.
Holding shares in a trading company by way of a partnership is not a bar to business property relief
The director and 100% shareholder of a failing company decided to incentivise the two managers by issuing separate classes of shares to them, with dividends being paid from future profits. The share issue was delayed until after the company recovered
Reasons for HMRC’s tardiness in making construction industry scheme repayments
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