Clauses

View Tax by content type:

Latest Tax News

Featured Tax content

Practice notes
VAT—triangulationIP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following...
Read More >
Produced in partnership with John Fuszard of Sagars Accountants Ltd 19th May
Practice notes
How employment income is taxed—non-cash earnings or benefitsIn addition to cash earnings, such as wages or salaries, many reward packages include...
Read More >
19th May
Practice notes
What is an intangible fixed asset?Part 8 of the Corporation Tax Act 2009 (CTA 2009) is a specific corporation tax regime that applies exclusively to...
Read More >
Produced in partnership with Anne Fairpo of Temple Tax Chambers 19th May
Practice notes
VAT treatment of damages and compensation paymentsFORTHCOMING CHANGE: HMRC is in the process of revising Revenue and Customs Brief 12 (2020) on the...
Read More >
19th May
Practice notes
Key tax consequences of an insolvent liquidationThis Practice Note outlines:•the main corporation tax consequences when a UK incorporated company...
Read More >
Produced in partnership with Julia Fox of Deloitte LLP and Anthony Davis 19th May
Practice notes
Amortisation of intangible fixed assetsWhere a company acquires (or otherwise incurs capitalised expenditure upon) an intangible fixed asset that...
Read More >
Produced in partnership with Anne Fairpo of Temple Tax Chambers 19th May
Practice notes
Corporation tax—connected personsThis Practice Note looks at the meaning of connected persons within sections 1122 and 1123 of the Corporation Tax Act...
Read More >
19th May
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
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
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
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
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
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 Clauses content

Precedents
1 Confidentiality clause—mutual—using in-clause definitions Authorised Persons has the meaning given to it in clause...
Read More >
26th Sep
Precedents
1 Costs and expenses—each party to bear its own—short form Each party shall pay its own costs and expenses incurred in...
Read More >
26th Sep
Precedents
1 Notices—long form 1.1 Any notice[ or other communication] given by a party under this agreement shall be: ...
Read More >
26th Sep
Precedents
1 Counterparts—agreement 1.1 This agreement may be signed in any number of separate counterparts, each of which when...
Read More >
26th Sep
Precedents
1 Announcements—short form No announcement or other public disclosure concerning this agreement or any of the matters...
Read More >
26th Sep
Precedents
...
Read More >
26th Sep
Precedents
1 Further assurance 1.1 Each of the parties shall[, at its own cost and expense, OR , at the request, cost and expense of...
Read More >
26th Sep
Precedents
1 No partnership or agency—short form Nothing in this agreement constitutes, or will be deemed to constitute, a partnership...
Read More >
26th Sep
Precedents
1 Waiver—long form 1.1 No failure, delay or omission by either party in exercising any right, power or remedy provided...
Read More >
26th Sep
Precedents
1 Assignment—prohibited without consent 1.1 No party may assign, sub-contract or encumber any right or obligation under...
Read More >
26th Sep
Precedents
1 Entire agreement—short form 1.1 This agreement[ and [any documents entered into pursuant to it OR [insert name[s] of...
Read More >
26th Sep
Precedents
1 Rights of third parties (third party rights excluded, save as specifically provided) 1.1 [Except as [provided in...
Read More >
26th Sep
Precedents
1 Set-off permitted by either party Each party may set off any amount that the other party owes it under this agreement[ or...
Read More >
26th Sep
Precedents
1 Rights and remedies ...
Read More >
26th Sep
Precedents
1 Definitions and interpretation 1.1 In this Agreement: Affiliate means any entity that directly or...
Read More >
26th Sep
Precedents
1 Language—long form 1.1 This Agreement is made in [the English language O...
Read More >
26th Sep
Precedents
This Agreement is made on [date] Parties 1 [insert name of party] [of OR trading as [insert trading name] of OR a firm whos...
Read More >
26th Sep
Precedents
1 Severance ...
Read More >
26th Sep
Precedents
1 Jurisdiction—reciprocal The parties irrevocably agree that the courts of [England and Wales OR [insert details of...
Read More >
26th Sep

Popular documents