No gain – no loss transfers in groups of companies

There are special rules concerning the transfer of assets in groups of companies. In most cases, this means that where ...
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Utilising Capital Gains Tax losses

Usually, if you sell an asset for less than you paid for it you would make a capital loss. As ...
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Tax on incentive rewards

Companies may use incentive award schemes to encourage their employees in various ways. For example, to sell more of their ...
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Activities subject to the scope of VAT

There are a number of conditions that must be satisfied for an activity to be within the scope of UK ...
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Change to Company Accounts filing

The Economic Crime and Corporate Transparency Bill has completed its initial journey through the House of Commons and the House ...
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Changes afoot at Companies House

Due to new legislation working its way through Parliament, Companies House will be making a number of significant changes. In ...
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Autumn Statement 2023

The Chancellor, Jeremy Hunt, has announced that he will deliver his Autumn Statement to the House of Commons on Wednesday, ...
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What is a trust?

A trust is an obligation that binds a trustee, an individual or a company, to deal with assets such as ...
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Who is a Scottish taxpayer?

The Scottish rate of income (SRIT) is payable on the non-savings and non-dividend income of those defined as Scottish taxpayers ...
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