Issue: Vol 147, Issue 3814

There are two different penalty régimes affecting end-of-year pay-as-you-earn returns. Under section 98A, Taxes Management Act 1970, there is an automatic penalty of £100 for each month that the...

For a new unlisted company set up after 5 April 2000, there will be no loss of business assets taper relief on an inter-spouse share transfer, even where the transferee spouse has not previously held...

  To get actionable insight and practical guidance to support you day-to-day on 'Overview of the option to tax' click here.   ---...