Capital and intangible assets

Capital and intangible assets guidance:

Where a company acquires (or otherwise incurs capitalised expenditure upon) an intangible fixed asset that falls within the corporate intangible fixed asset...

Practice Note

This Practice Note is about the rules that can impose a charge to tax on UK persons holding interests in a non-UK resident company if that company disposes of an asset...

Practice Note

Where a transfer of assets (as opposed to a transfer of shares) results in the transfer of a trade or other qualifying activity, the capital allowances rules for plant...

Practice Note

Provisions exist to ensure, generally, that assets may not be transferred between connected persons in such a way as to accelerate capital allowances for plant and...

Practice Note

There are both general and specific anti-avoidance provisions applying to capital allowances for plant and machinery. General provisions exist to ensure assets may not be...

Practice Note

This Practice Note is about capital allowance-related pre-contract enquiries on a property transfer. It applies to the grant of a new property interest (eg a lease) as...

Practice Note

This Practice Note sets out how the capital allowances rules interact with the rules relating to: • capital gains tax, including corporation tax on chargeable gains (CGT)...

Practice Note

Companies that are members of the same capital gains group may transfer assets between themselves free of corporation tax on chargeable gains (CGT), see Practice Note:...

Practice Note

The capital gains degrouping rules apply where, broadly speaking, a company leaves a group holding an asset that was transferred to it by another member of...

Practice Note

The capital gains legislation includes specific provisions for persons who are connected with one another. These provisions can be divided into two broad groups: • rules...

Practice Note

ARCHIVED: This Practice Note has been archived and is not maintained. The annual tax on enveloped dwellings (ATED) was introduced in Finance Act 2013 (FA 2013) as part of...

Practice Note

This Practice Note is about the rules for establishing whether companies are within the same group for the purposes of corporation tax on chargeable...

Practice Note

FORTHCOMING CHANGE relating to transfers within an EU group: Finance Bill 2019–20 will contain provisions permitting companies to pay tax in instalments in relation to...

Practice Note

For a taxable capital gain to arise, there has to be a disposal, or a deemed disposal, of an asset. The taxpayer will need to establish when the disposal took place. This...

Practice Note

FORTHCOMING CHANGE relating to a corporate capital loss restriction: Finance Bill 2019–20 will introduce a corporate capital loss restriction (CCLR), limiting companies’...

Practice Note

Entrepreneurs' relief is a capital gains tax (CGT) relief designed to encourage individuals to set up and expand their own businesses. Provided that the conditions are...

Practice Note