Home / Tax / Companies and corporation tax / Loan relationships

Legal News

Getting to grips with the new UK GAAP

Copyright © 2025 LexisNexis
Published on: 30 January 2014
Published by a LexisNexis Tax expert
imgtext

Article summary

Tax analysis: Will HMRC’s overview papers on accounting standards achieve their aim in assisting companies considering choosing to apply FRS 101 or FRS 102? Pippa Booth, partner in Deloitte’s tax management consulting group, says companies should be determining their choice of framework and identifying and understanding the tax implications.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

4 News
View More
6 Practice Notes
View More
2 Q&As
Powered by Lexis+®

Related documents:

4 News
View More
6 Practice Notes
View More
2 Q&As

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

Taxation of derivatives—chargeable gains basis rules

Taxation of derivatives—chargeable gains basis rulesThe general rule, as explained in Practice Note: Taxation of derivatives—the main rules, is that the profits and losses arising to a company from its derivative contracts are (like the profits and losses from its loan relationships) brought into

Capital allowances and connected persons

Capital allowances and connected personsProvisions exist to ensure, generally, that assets may not be transferred between connected persons in such a way as to accelerate capital allowances by means of the annual investment allowance or first-year allowances, or in such a way as to artificially

Is there any guidance as to the appropriateness of defining ‘Control’ as either (a) in accordance with

Is there any guidance as to the appropriateness of defining ‘Control’ as either (a) in accordance with section 1124 of the Corporation Tax Act 2010, or as (b) the beneficial ownership of more than 50% of the issued share capital of a company or the legal power to direct or cause the direction of the