Tax clauses

Tax clauses guidance:

Produced in partnership with Martin Wilson 1 Capital allowances 1.1 In this clause 1: CAA 2001 means Capital Allowances Act 2001 Fixtures means those items forming part...

Precedents

Produced in partnership with Martin Wilson 1 Capital allowances—for use where the Seller has claimed plant and machinery allowances and the parties will enter into a s...

Precedents

1 Withholding and grossing up 1.1 All sums payable under this [Agreement] by or on behalf of any party (for the purposes of this clause 1, the payer) to another (the...

Precedents

1 Construction Industry Scheme—for use where the landlord’s contribution is a reverse premium The Landlord and Tenant acknowledge that the Landlord’s Contribution is a...

Precedents

[11.9] Each Manager and any Permitted Transferee (other than an associated person as defined in section 421C of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA...

Precedents

[11.9] Each Founder and any Permitted Transferee (other than an associated person as defined in section 421C of the Income Tax (Earnings and Pensions) Act 2003 (ITEPA...

Precedents

1 Authority of directors The business of the company shall be managed by the directors, who may exercise all such powers of the company as are not by the [insert the...

Precedents

1 Deductions from payments and indemnity for tax deductions 1.1 [Subject to anything to the contrary in this Agreement,] the Company shall make all payments to the...

Precedents

1 Definitions and interpretation 1.1 In this Agreement, unless the context otherwise requires the following expressions shall have the following meanings: Relevant...

Precedents

Add new Article 14 as follows: 1 Conversion into Deferred Shares 1.1 In this Article 14, unless the context otherwise requires the following expressions shall have the...

Precedents

Definitions HMRC Her Majesty’s Revenue and Customs Lease the lease of the Property dated [insert date] and made between [insert parties] SDLT stamp duty land tax as...

Precedents

Definitions Deferred SDLT has the meaning as set out in clause [insert number] HMRC Her Majesty’s Revenue and Customs SDLT stamp duty land tax as provided in Part 4 of...

Precedents

1 [On Completion, the Buyer shall procure that the Company repays in full the Borrowings of [the Company OR each relevant Group Company] [by [insert detail on method of...

Precedents

1 Redemption and purchase 1.1 Redemption for tax reasons The Bonds may be redeemed at the option of the Issuer in whole, but not in part, at any time, on giving not less...

Precedents

The ScheduleTax Covenant 1 Definitions and interpretation 1.1 Notwithstanding clause 1.3 of this Agreement, in the event of any conflict between the provisions of this...

Precedents

The ScheduleTax Covenant 1 Definitions and interpretation 1.1 Notwithstanding clause 1.3 of this Agreement, in the event of any conflict between the provisions of this...

Precedents

The ScheduleTax Covenant 1 Definitions and interpretation 1.1 Notwithstanding clause 1.3 of this Agreement, in the event of any conflict between the provisions of this...

Precedents

United Kingdom Taxation General The summary set out below describes certain taxation matters of the United Kingdom based on the Issuer’s understanding of current law and...

Precedents

United Kingdom Taxation Certain UK tax considerations The following statements, which are intended as a general guide only[ and not a substitute for detailed tax advice],...

Precedents

United Kingdom Taxation General The following paragraphs, which are intended as a general guide only [and not a substitute for detailed tax advice], are based on current...

Precedents

United Kingdom Taxation General The following paragraphs, which are intended as a general guide only [and not a substitute for detailed tax advice], are based on current...

Precedents

1 Compliance 1.1 Returns The Company has duly and properly submitted all [material] computations and returns (including all land transaction returns), supplied all...

Precedents

1 Compliance 1.1 Returns The Company has duly and properly submitted all [material] computations and returns (including all land transaction returns), supplied all...

Precedents

1 VAT 1.1 Definitions In this clause: HMRC means HM Revenue and Customs VAT means United Kingdom value added tax (together with any replacement or equivalent tax) VATA...

Precedents

1 VAT 1.1 Unless otherwise stated in this Agreement: 1.1.1 all references in this Agreement to the Consideration and any other amounts payable or to be borne by one or...

Precedents
Trending Topics
Scottish Law In-House COVID-19