Navigating the complexities of stamp and transfer taxes requires up-to-date knowledge and precision. Our comprehensive guidance equips legal practitioners with the insights needed to ensure compliance and optimise outcomes for clients. Stay ahead with expert advice on managing the nuances of these critical tax areas.
The Courts and Tribunals Judiciary has published the outcome of the Remote Participation Review, with a suite of new guidance on remote participation...
This week's edition of Tax weekly highlights includes: (1) publication of a new HMRC manual containing guidance on mandatory tax adviser registration,...
Tax analysis: In HMRC v Healthspan Ltd, the Upper Tribunal (UT) allowed HMRC’s appeal relating to the extent to which a supplier of food supplements...
Tax analysis: In Bagshaw Limited v Revenue Scotland, the Tax Chamber of the First-tier Tribunal for Scotland (Scottish FTT) allowed the taxpayer’s...
VAT treatment of damages and compensation paymentsA damages or compensation payment may attract VAT. This depends on exactly what the payment is for....
The double taxation treaty passport scheme (DTTP scheme)The double taxation treaty passport scheme (DTTP scheme) enables a borrower to apply for and...
What are capital allowances and capital expenditure?What are capital allowances?Capital allowances are the means by which tax relief is given for some...
If the words ‘exclusive of VAT’ are omitted from the definition of annual rent, but there is a VAT clause stating: ‘Where this lease requires the...
Could you please explain when certificate 1 or certificate 2 of a stock transfer form should be completed?Normally, a transfer of UK shares is effected by way of a stock transfer form.A stock transfer form contains two certificates for stamp duty purposes, for which see: Completing a stock transfer
For stamp duty relief under section 77 of the Finance Act 1986 (FA 1986) to apply, must the acquiring company in a share for share exchange have a share structure identical to the target company?Full stamp duty relief may be available for the acquiring company in a share-for-share exchange if
Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a
What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a
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