Owner-Managed Businesses Guidance

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Small companies

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Latest Guidance
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28 Jun 2019

Tax relief for employer pension contributionsTax relief is available for employer pension contributions based on broadly the same rules as other types of expenditure....

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28 Jun 2019

This guidance covers some ideas for tax planning for the provision of cars to owner-managers and their spouses / civil partners. Detailed rules regarding the taxation of...

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28 Jun 2019

Re-investment relief, also known as deferral relief, is one of the tax reliefs available under the enterprise investment scheme (EIS). If an individual sells an asset and...

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28 Jun 2019

Debits 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 in which they are...

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28 Jun 2019

BackgroundIn this guidance note, references to ‘old UK generally accepted accounting practice’ or ‘old UK GAAP’ are to the combination of UK accounting principles...

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28 Jun 2019

This note offers guidance in respect of the administration of company tax returns. If a company or organisation is subject to corporation tax they will have to complete...

OMB_tax_img7
28 Jun 2019

Interest on tax underpaid is a compulsory charge set out in tax legislation to reflect the interest which would have accrued to the Exchequer had the correct amount of...

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28 Jun 2019

PresentationAn entity must present changes in a current tax liability (or asset) and changes in a deferred tax liability (or asset) as a tax expense (or income). The...

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28 Jun 2019

The patent box legislation states that a company may elect that any relevant IP profits of a trade for accounting periods during which it is a qualifying company are...

OMB_tax_img5
28 Jun 2019

IntroductionFRS 102, s 29 sets out the recognition, measurement, presentation and disclosure requirements for both current and deferred tax. The section also includes...

Latest Guidance
OMB_tax_img4
Owner Managed Business

Tax relief for employer pension contributionsTax relief is available for employer pension contributions based on broadly the same rules as other types of expenditure....

OMB_tax_img3
Owner Managed Business

This guidance covers some ideas for tax planning for the provision of cars to owner-managers and their spouses / civil partners. Detailed rules regarding the taxation of...

OMB_tax_img2
Owner Managed Business

Re-investment relief, also known as deferral relief, is one of the tax reliefs available under the enterprise investment scheme (EIS). If an individual sells an asset and...

OMB_tax_img3
Owner Managed Business

Debits 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 in which they are...

OMB_tax_img4
Owner Managed Business

BackgroundIn this guidance note, references to ‘old UK generally accepted accounting practice’ or ‘old UK GAAP’ are to the combination of UK accounting principles...

OMB_tax_img4
Owner Managed Business

This note offers guidance in respect of the administration of company tax returns. If a company or organisation is subject to corporation tax they will have to complete...

OMB_tax_img7
Owner Managed Business

Interest on tax underpaid is a compulsory charge set out in tax legislation to reflect the interest which would have accrued to the Exchequer had the correct amount of...

OMB_tax_img3
Owner Managed Business

PresentationAn entity must present changes in a current tax liability (or asset) and changes in a deferred tax liability (or asset) as a tax expense (or income). The...

OMB_tax_img2
Owner Managed Business

The patent box legislation states that a company may elect that any relevant IP profits of a trade for accounting periods during which it is a qualifying company are...

OMB_tax_img5
Owner Managed Business

IntroductionFRS 102, s 29 sets out the recognition, measurement, presentation and disclosure requirements for both current and deferred tax. The section also includes...