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_img3
28 Jun 2019

IntroductionHMRC has, for many years, sought to ensure that the rewards gained from employment are properly subject to income tax and National Insurance contributions...

OMB_tax_img9
28 Jun 2019

The SEIS, like the Enterprise Investment Scheme (EIS), is designed to encourage individuals to invest money in shares issued by qualifying unquoted companies, though is...

OMB_tax_img
28 Jun 2019

From 1 April 2015, the main rate of corporation tax and the small profits rate were unified to a single main rate of corporation tax and there is now no ‘small profits...

OMB_tax_img2
28 Jun 2019

This guidance note deals with the rules regarding payment of tax, and making claims for repayment of tax on loans to participators. For information on the definition of...

OMB_tax_img5
28 Jun 2019

Research & development (R&D) tax relief is only available for expenditure which meets certain conditions and that falls within certain types of qualifying...

OMB_tax_img
28 Jun 2019

SummaryOptions issued under a CSOP provide employees with a right to acquire shares at a set point in the future for their market value as at the date of grant of the...

OMB_tax_img6
28 Jun 2019

For the investor to qualify for any of the available enterprise investment scheme (EIS) tax reliefs, there are a number of conditions that must be met by the issuing...

OMB_tax_img7
28 Jun 2019

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_img8
28 Jun 2019

With some limited exceptions, loans from companies to their directors were previously prohibited under company law. Since 1 October 2007, following enactment of Companies...

OMB_tax_img9
28 Jun 2019

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...

Latest Guidance
OMB_tax_img3
Owner Managed Business

IntroductionHMRC has, for many years, sought to ensure that the rewards gained from employment are properly subject to income tax and National Insurance contributions...

OMB_tax_img9
Owner Managed Business

The SEIS, like the Enterprise Investment Scheme (EIS), is designed to encourage individuals to invest money in shares issued by qualifying unquoted companies, though is...

OMB_tax_img
Owner Managed Business

From 1 April 2015, the main rate of corporation tax and the small profits rate were unified to a single main rate of corporation tax and there is now no ‘small profits...

OMB_tax_img2
Owner Managed Business

This guidance note deals with the rules regarding payment of tax, and making claims for repayment of tax on loans to participators. For information on the definition of...

OMB_tax_img5
Owner Managed Business

Research & development (R&D) tax relief is only available for expenditure which meets certain conditions and that falls within certain types of qualifying...

OMB_tax_img
Owner Managed Business

SummaryOptions issued under a CSOP provide employees with a right to acquire shares at a set point in the future for their market value as at the date of grant of the...

OMB_tax_img6
Owner Managed Business

For the investor to qualify for any of the available enterprise investment scheme (EIS) tax reliefs, there are a number of conditions that must be met by the issuing...

OMB_tax_img7
Owner Managed Business

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_img8
Owner Managed Business

With some limited exceptions, loans from companies to their directors were previously prohibited under company law. Since 1 October 2007, following enactment of Companies...

OMB_tax_img9
Owner Managed Business

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...