Tax News
Mazars tax news covers everything tax related in the UK from, VAT to the latest HMRC rulings.
Find monthly updates on taxation in the UK, or search through the archive of our news. For the most up to date tax news and opinions on taxation in the UK, follow our Let's Talk Tax blog:
Let's Talk Tax
Tax tribunal limits application of loan relationships unallowable purposes rule
The First Tier Tax Tribunal has issued its judgment in Versteegh Ltd & others v HMRC, in a case which concerned a scheme that was implemented about 10 years ago by several groups of companies.
Claim for goodwill on acquisition of interest in LLP fails
A First Tier Tax Tribunal decision has highlighted an important difference between LLPs and partnerships.
Tax change may impose penal tax charge on transactions between a company and its shareholders
The tax cost of a crackdown on avoidance announced at the LibDem conference is likely to be greater than implied by Danny Alexander.
Historic tax claims for multi-national groups
Self assessment day for ‘enveloped’ £2m+ residential properties approaching
The 1st of October is self assessment day for ‘enveloped’ £2m+ residential properties. As the Finance Bill passes into law as Finance Act 2013 its first effect will be felt by people who have chosen to put high value residential property into corporate-based vehicles or ‘envelopes’.
Family company caution - don't fall into a tax trap
Family companies that make loans to their shareholders face increased danger of falling into tax trap