Business structures

View Tax by content type:

Latest Tax News

Featured Tax content

Practice notes
VAT on composite suppliesSingle composite supplies vs multiple suppliesWhere a supply comprises a number of different elements with varying VAT...
Read More >
Produced in partnership with Martin Shah and Gary Barnett of Simmons & Simmons LLP 19th May
Practice notes
Commercial service charges—VAT implicationsThis Practice Note is about the VAT treatment of non-residential service charges. General positionService...
Read More >
Produced in partnership with Martin Scammell 19th May
Practice notes
Offshore receipts in respect of intangible property (ORIP)Since 6 April 2019, a person that is neither UK tax resident nor resident in a full treaty...
Read More >
19th May
Practice notes
FATCA in the UK—the UK:US Intergovernmental Agreement: an outlineIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
Produced in partnership with Ali Kazimi and Chris Orchard of Hansuke Consulting Limited 19th May
Practice notes
Tax considerations on a loan agreement—the tax gross up clauseIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit...
Read More >
Produced in partnership with Eloise Walker of Pinsent Masons 19th May
Precedents
1 Withholding and grossing up 1.1 All sums payable under this [Agreement] by or on behalf of any party (for the...
Read More >
19th May
Practice notes
Taxation of UK LLPsA UK limited liability partnership (LLP) is a body corporate for company law purposes, but is generally taxed as though it were a...
Read More >
19th May
Practice notes
Section 198 and 199 elections on transactions involving real estateThis Practice Note describes the law and practice relating to elections under...
Read More >
Produced in partnership with Martin Wilson 19th May
Practice notes
Loan capital exemption from stamp dutyDebt which:•qualifies as loan capital (whether it is short or long-term debt), and•satisfies further conditions...
Read More >
19th May
Practice notes
The Budget and Finance Bill processThe Budget is a Parliamentary event at which the Chancellor of the Exchequer makes important announcements relating...
Read More >
19th May
Practice notes
Capital reduction demergersThe reasons why a company might carry out a demerger, and the different ways in which a demerger may be structured, are...
Read More >
Produced in partnership with Zoe Feller of Bird & Bird 19th May
Q&As
Corporate redomiciliation—can a non-UK company redomicile into the UK?It is possible for a non-UK incorporated company to redomicile to the UK....
Read More >
19th May
Practice notes
Why have a tax covenant?It is market practice for a tax covenant, also known as a tax deed, to form part of the transaction documents in respect of a...
Read More >
19th May
Practice notes
R&D capital allowancesFORTHCOMING CHANGE: At Spring Budget 2021, the government announced a wide-ranging review of research and development (R&D)...
Read More >
Produced in partnership with Anne Fairpo of Temple Tax Chambers 19th May
Practice notes
Transfer of a trade under common ownershipSometimes the restructuring of a business will involve a company transferring an existing trade to a...
Read More >
19th May
Practice notes
SDLT group reliefFORTHCOMING CHANGE relating to FA 2008, Sch 36: In its Tax Information and Impact Note (TIIN) on freeports, the government announced...
Read More >
19th May

Most recent Business structures content

Q&As
Where a discovery amendment has been made to the tax return of a dissolved, trading limited liability partnership under section 30B of the Taxes...
Read More >
Produced in partnership with Denis Edwards of Normanton Chambers 16th Sep
Practice notes
Using special purpose vehicles in aviation finance—subsidiary companies, orphan trusts and limited partnershipsThe use of special purpose vehicle...
Read More >
Produced in partnership with Norton Rose Fulbright 8th Sep
Practice notes
Purpose clauses in facility agreements and Quistclose trustsThis Practice Note considers what a purpose clause in a facility agreement is. It also...
Read More >
7th Sep
Practice notes
Tax consequences for close companiesSummary of tax considerationsThe concept of a close company is intended to capture those companies that are...
Read More >
6th Sep
Practice notes
IHT and close companiesWhen looking at the definition of chargeable transfers and transfers of value in the Inheritance Tax Act 1984 (IHTA 1984), it...
Read More >
Produced in partnership with Katya Vagner of PwC 6th Sep
Practice notes
VAT groupsMany companies operate in groups, broadly meaning that they are under common economic ownership. The existence of groups of companies is...
Read More >
5th Sep
Practice notes
Tax implications of establishing a joint venture partnershipThis Practice Note considers the UK tax aspects of the establishment of a joint venture...
Read More >
Produced in partnership with Arun Birla of Paul Hastings, Hannah Gray of Paul Hastings and Abigail Hung of Paul Hastings 5th Sep
Practice notes
SDLT and partnerships—anti-avoidance and reliefsThis Practice Note gives details of stamp duty land tax (SDLT) anti-avoidance rules and SDLT reliefs...
Read More >
Produced in partnership with Kevin Griffin 24th Aug
Practice notes
SDLT and partnerships—transfers from a partnershipThis Practice Note explains the special stamp duty land tax (SDLT) rules which apply when an...
Read More >
24th Aug
Practice notes
SDLT and property investment partnershipsThis Practice Note sets out the specific stamp duty land tax (SDLT) rules which apply to property investment...
Read More >
Produced in partnership with Kevin Griffin 24th Aug
Practice notes
SDLT and partnerships—transfers to a partnershipThis Practice Note explains the special stamp duty land tax (SDLT) rules which apply when an interest...
Read More >
24th Aug
Practice notes
SDLT and partnerships—general principles and ordinary transactionsThis Practice Note sets out the general treatment of partnerships for stamp duty...
Read More >
Produced in partnership with Kevin Griffin 24th Aug
Practice notes
Taxation of general partnershipsThis Practice Note is about the tax treatment of a general partnership formed under English law (as opposed to a...
Read More >
19th Aug
Q&As
How do the land and buildings transaction tax (LBTT) rules on transfers from partnerships interact with the additional dwelling supplement?The...
Read More >
Produced in partnership with Ronnie Brown of Burness Paull 16th Aug
Practice notes
SDLT—meaning of groupAn exemption from stamp duty land tax (SDLT) can be claimed where an interest in land is acquired (a land transaction) by one...
Read More >
16th Aug
Practice notes
Outsourcing and VATThere are no specific laws, including tax laws, applicable to outsourcing arrangements and no technical legal meaning of the term....
Read More >
16th Aug
Q&As
How is the contribution of land by an individual to a joint venture company to be documented?This Q&A assumes that the joint venture will take the...
Read More >
16th Aug
Q&As
How should the people with significant control (PSC) conditions be applied in the context of an individual holding shares on trust for a minor?The...
Read More >
16th Aug
Q&As
Can a company which is wholly owned by a trust be appointed as a trustee of that trust?This Q&A assumes that:•the company is incorporated under...
Read More >
16th Aug

Popular documents