Reorganisations, restructuring and insolvency

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 Reorganisations, restructuring and insolvency content

Practice notes
VAT bad debt reliefThis Practice Note outlines how a taxable person who has accounted for and paid VAT on a supply, but who is not paid the price for...
Read More >
Produced in partnership with Etienne Wong of Old Square Tax Chambers 16th Sep
Practice notes
Tax treatment of conversions of securitiesThe conversion of a company's securities should be treated as a tax neutral reorganisation. The conversion...
Read More >
1st Sep
Q&As
If a creditor claims inclusive of value added tax (VAT) on their proof of debt, can the office holder compel them to reclaim their VAT and only admit...
Read More >
Produced in partnership with Christopher Snell of New Square Chambers 22nd Aug
Practice notes
Key tax considerations relevant to company voluntary arrangements (CVAs) with creditorsThis Practice Note outlines the main tax implications where a...
Read More >
Produced in partnership with Anthony Davis and Julia Fox of Deloitte LLP 22nd Aug
Practice notes
Key tax consequences of an administrationThis Practice Note outlines:•the main corporation tax consequences when a UK incorporated company goes into...
Read More >
Produced in partnership with Anthony Davis and Julia Fox of Deloitte LLP 22nd Aug
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 22nd Aug
Practice notes
Taxation in corporate insolvency—the principal issues in outlineTaxation and insolvencyThere are relatively few specific rules governing the UK...
Read More >
Produced in partnership with David L. Irvine of Goodwin, Nathan Langford of Kirkland & Ellis International LLP and Philip Ridgway of Temple Tax Chambers 22nd Aug
Practice notes
Debt restructurings—enforcementThis Practice Note outlines the tax issues that are relevant where creditors seek to enforce their security over the...
Read More >
Produced in partnership with Jenny Doak of Weil Gotshal & Manges LLP 22nd Aug
Precedents
Election letter—reallocation of gain or loss to another member of a group—TCGA 1992, s 171AHM Revenue and Customs[insert address][insert date]Election...
Read More >
19th Aug
Practice notes
Transactions in securities—clearances and administrationThis Practice Note covers the:•clearance procedure, and•administrative rules (enquiries,...
Read More >
19th Aug
Practice notes
Insolvency Act 1986 s 110 arrangementsThis Practice Note covers: •what arrangements under Insolvency Act 1986 (IA 1986), s 110 (a s 110 arrangement)...
Read More >
Produced in partnership with Phillip Taylor of Sidley Austin LLP and Chris Laughton of Mercer & Hole Chartered Accountants 18th Aug
Practice notes
Waterfall of payments—a comparative guideLiquidationThe order of distribution in liquidation, following the realisation of security by fixed charge...
Read More >
Produced in partnership with South Square Chambers 18th Aug
Practice notes
Receivers and VATFORTHCOMING CHANGES relating to insolvency and tax: Finance Act 2020 introduces provisions where:•HMRC becomes a secondary...
Read More >
Produced in partnership with John Baldry of Temple Tax Chambers 16th Aug
Q&As
In many asset sales the apportionment of the business' sale price apportions £1.00 to the business' lease, why is this and how is this apportionment...
Read More >
16th Aug
Q&As
Is there a disposal which creates a chargeable gain when a simple debt (ie not a security) is converted into a qualifying corporate bond by the issue...
Read More >
16th Aug
Q&As
Does HMRC provide any guidance on stamp duty reserve tax and transfers by a liquidator to shareholders when a business is wound up?HMRC guidance...
Read More >
16th Aug
Q&As
Can a bonus issue of shares in which only one class of shares held by one shareholder benefits, fall within the reorganisation rules in section 126 of...
Read More >
Produced in partnership with Mary Ashley of Old Square Tax Chambers 16th Aug
Q&As
Are the tax implications of a company liquidation the same as where the company is voluntarily struck off?Any company, whether public or private, can...
Read More >
16th Aug

Popular documents