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Tax deduction available for losses from change in functional currency07 Dec 2018

Lords: new HMRC tax avoidance powers 'disproportionate' 05 Dec 2018

Out-Law Guides

  • Taxing the digital economy

    There are calls for changes to the way the international tax rules work in relation to digital companies. Some countries, including the UK, are taking unilateral action.

  • The Multilateral Instrument (MLI) to amend double tax treaties

    The MLI is an agreement by over 70 countries which will enable over a thousand double tax treaties to be interpreted in a way that implements the recommendations of the Organisation for Economic Cooperation & Development (OECD) which require changes to...

  • The Substantial Shareholding Exemption

    The substantial shareholding exemption (SSE) applies to companies and exempts certain gains that would otherwise be subject to UK corporation tax following a disposal of shares.

  • Penalties for enablers of offshore evasion

    A person or company can penalised if they 'enable' offshore UK tax evasion or non-compliance by others. Policies and procedures designed to prevent companies from committing the corporate criminal offences of failing to prevent the facilitation of tax evasion...

  • UK restriction on corporate interest tax relief

    A new UK corporate interest tax deduction restriction applies from 1 April 2017. The new restriction increases the compliance burden, with highly geared groups significantly affected. 

  • Corporate criminal offences of failure to prevent the facilitation of tax evasion

    From 30 September 2017 it is a criminal offence in the UK if a business fails to prevent its employees or any person associated with it from facilitating tax evasion under the Criminal Finances Act 2017. Businesses need to take action to minimise their risk...

More guides

New UK tax charge on 'overseas intangibles' may have greater impact than DST 29 Nov 2018

'Sophisticated taxpayer' could rely on HMRC published guidance 29 Nov 2018

More stories

Expertise in Corporate Tax

Over the last few years the pressure to increase tax revenues has led to continued complex changes to tax legislation, coupled with a more aggressive approach to tax planning from HMRC. Our team can guide you through the maze of complex rules to help you achieve your business objectives.

More about Corporate Tax