Owner-Managed Businesses Guidance

About

Small companies

Brought to you from the tax exam market leaders, Tolley brings you the guidance you need on small companies tax in order that you can provide the latest thinking.
Latest Guidance
OMB_tax_img9
13 Mar 2020

Companies pay corporation tax on their Taxable Total Profits (TTP) for a Chargeable accounting period (CAP).For more on whether the entity is within...

OMB_tax_img
13 Mar 2020

These examples support the commentary in the FRS 102 ― specific deferred tax issues guidance note.Example 1 ― voluntary revaluation of property,...

OMB_tax_img
12 Mar 2020

The seed enterprise investment scheme SEIS is designed to encourage individuals to invest in new shares issued by qualifying unquoted companies SEIS...

OMB_tax_img8
12 Mar 2020

As part of the changes introduced by FA 2019 Sch 1 TCGA 1992 Part 1 was rewritten The new TCGA 1992 Part 1 largely restates the existing law but also...

OMB_tax_img2
12 Mar 2020

The enterprise investment scheme EIS encourages individuals to invest money in shares issued by qualifying unquoted companies with a permanent...

OMB_tax_img7
12 Mar 2020

Tax reliefs under the enterprise investment scheme EIS can be summarised as follows income tax relief for the investor of up to 30 of the amount...

OMB_tax_img3
12 Mar 2020

The enterprise investment scheme EIS is the name of a scheme which encourages individuals to invest money in shares issued by qualifying unquoted...

OMB_tax_img8
12 Mar 2020

Almost all companies will have some loan relationships However some items that are commonly assumed to be loan relationships are not eg outstanding...

OMB_tax_img9
8 Aug 2019

The corporate intangibles tax rules contain a wide rollover relief for dealing with gains on realisations of intangible fixed assets (IFAs). The rules...

OMB_tax_img2
8 Aug 2019

Non-trade intangiblesDebits arising in the accounts of the company in relation to intangible assets are, as a basic rule, treated as being allowable...

Latest Guidance
OMB_tax_img9
Owner-Managed Businesses

Companies pay corporation tax on their Taxable Total Profits (TTP) for a Chargeable accounting period (CAP).For more on whether the entity is within the charge to...

OMB_tax_img
Owner-Managed Businesses

These examples support the commentary in the FRS 102 ― specific deferred tax issues guidance note.Example 1 ― voluntary revaluation of property, plant and equipmentA...

OMB_tax_img
Owner-Managed Businesses

The seed enterprise investment scheme SEIS is designed to encourage individuals to invest in new shares issued by qualifying unquoted companies SEIS is specifically aimed...

OMB_tax_img8
Owner-Managed Businesses

As part of the changes introduced by FA 2019 Sch 1 TCGA 1992 Part 1 was rewritten The new TCGA 1992 Part 1 largely restates the existing law but also includes additional...

OMB_tax_img2
Owner-Managed Businesses

The enterprise investment scheme EIS encourages individuals to invest money in shares issued by qualifying unquoted companies with a permanent establishment in the UK A...

OMB_tax_img7
Owner-Managed Businesses

Tax reliefs under the enterprise investment scheme EIS can be summarised as follows income tax relief for the investor of up to 30 of the amount invested disposals of EIS...

OMB_tax_img3
Owner-Managed Businesses

The enterprise investment scheme EIS is the name of a scheme which encourages individuals to invest money in shares issued by qualifying unquoted companies with a...

OMB_tax_img8
Owner-Managed Businesses

Almost all companies will have some loan relationships However some items that are commonly assumed to be loan relationships are not eg outstanding consideration for the...

OMB_tax_img9
Owner-Managed Businesses

The corporate intangibles tax rules contain a wide rollover relief for dealing with gains on realisations of intangible fixed assets (IFAs). The rules broadly follow the...

OMB_tax_img2
Owner-Managed Businesses

Non-trade intangiblesDebits arising in the accounts of the company in relation to intangible assets are, as a basic rule, treated as being allowable debits in the period...