The following Employment Tax guidance note Produced by Tolley in association with Karen Cooper and Jeremy Cavendish, Cooper Cavendish LLP provides comprehensive and up to date tax information covering:
Set out below are some general practical points and troubleshooting ideas that may be useful in relation to completing any of the annual report templates required for tax-advantaged or non-tax-advantages shares schemes or arrangements:
be organised and keep good records relating to the operation of the company’s share scheme(s) or arrangements, whether tax-advantaged or non tax-advantaged
set electronic calendar reminders in the period leading up to the 6 July annual return deadline
don’t leave filing the annual return(s) until th
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OutlineFor income and capital gains tax purposes, partnerships are regarded as being tax transparent ― ie they are not taxed in their own right but instead taxation is applied to the partners.Accordingly, if the partners are individuals, then much the same considerations apply as for an individual
IntroductionTax equalisation is widely used by multi-national companies or group moving employees from one country to another. It is not a statutory concept but is an arrangement between an employer and employee.The idea behind tax equalisation is that an employee accepting an assignment somewhere
This guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax liability falls on the trustees
The reform of corporate losses within Finance (No 2) Act 2017 included a mixture of relaxations to the use of losses within the previous regime which applied before 1 April 2017 and also a major restriction (50% for most companies) on the amount of profits after 1 April 2017 that can be covered by