The following Employment Tax guidance note Produced by Tolley in association with Emma Bartlett at Charles Russell Speechlys LLP provides comprehensive and up to date tax information covering:
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marked the end of the Brexit transition / implementation period entered into following the UK’s withdrawal from the EU. At this point in time, key transitional arrangements came to an end and significant tax changes associated with Brexit began to take effect. This document contains guidance on subjects potentially impacted by these changes. Before continuing your research, see the Brexit ― personal and employment tax implications guidance note.
The Equality Act 2010 (EqA 2010) provides protection against discrimination that relates to certain listed characteristics that people may possess. Some protections relate specifically to only one of those characteristics, while others relate to all of them. These are collectively referred to as 'the protected characteristics'.
Each protected characteristic is listed and, with the exception of pregnancy and maternity, defined in the EqA 2010:
The legislative definitions of the characteristics are not always very helpful and each protected characteristic has therefore been summarised below.
This characteristic protects a person or a group of persons who belong to a particular age group against less favourable treatment on that basis. An age group is a group of persons who can be defined by their age. This can be:
a specific age
a range of ages
a wide range of ages (any person over the age of 60)
a narrow range of ages (any person who is 18 or any person born in 1992)
a relative range (younger than our current team or older than our former manager)
based on an assumption about the person's age, whether that assumption is true or false (eg someone who looks under 30)
linked to appearance that is
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‘Hold-over’ relief allows for the deferral of a gain that would otherwise arise in relation to a disposal. No capital gains tax (CGT) is due in respect of the disposal, but the base cost of the asset for the transferee for the purpose of a future disposal is reduced by an amount equal to the gain
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 and file a company tax return for each accounting period. A company or organisation must, in the main, file a return even if they
Normal due dateIndividuals are required to pay any outstanding income tax and Class 4 National Insurance, Class 2 National Insurance, and capital gains tax due for the tax year by 31 January following the end of the tax year (ie 31 January 2021 for the 2019/20 tax year). From 6 April 2020, UK
This guidance note explains the general rules surrounding the availability of indexation allowance on the disposal of company assets and provides information on the rebasing rules for assets held on 31 March 1982. For an overview of the general position regarding company disposals, please refer to
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