News Tag Results for "Corporation Tax"

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2003
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Autumn Statement Tax Summary

Autumn Statement Tax Summary   George Osborne did not have great tidings to impart when he presented his Autumn Statement to the House of Commons on 29 November 2011. The best he could... more


1923
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Budget Update - Business Tax

Budget Update - Business Tax   IR35 Review The Office of Tax Simplification was tasked with reviewing the operation of IR35, or the provision of services through intermediaries as ... more


66
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Budget update 2020-Corporation tax changes for non-UK resident companies with UK property income

Corporation tax changes for non-UK resident companies with UK property income Changes are being made to ensure that Finance Act 2019 rules enacted to bring non-UK resident companies that carry ... more


69
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Budget update 2020-Corporation tax rates confirmed

Corporation tax rates confirmed The corporation tax (CT) main rate is set at 19% for the financial year beginning 1 April 2020. This maintains the rate at 19% rather than reducing it to 17% fro... more


71
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Budget update 2020-CT treatment of intangible fixed assets

CT treatment of intangible fixed assets from 1 July 2020 A restriction that exists in relation to pre-FA 2002 intangible assets that prevents some companies from claiming relief for older, well... more


1682
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Business Record Checks Update

Business Record Checks Update  HMRC believes that a lot of businesses do not pay the right amount of tax because they don't accurately record their business income and expenditure... more


1160
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Corporation tax

Corporation tax Immediate changes  Corporation tax rates All corporation tax rates are harmonised at 20% with effect from 1 April 2015, with the exception of rates for ring fence tr... more


785
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Cut in corporation tax rate

Cut in corporation tax rate   The rate of corporation tax will be reduced to 17% with effect from 1 April 2020 instead of the 18% rate previously announced.  more


245
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First-year allowance for electric charge-points

The 100% first year allowance for expenditure incurred on electric charge-point equipment is to be extended for a further four years. The allowance will expire on 31 March 2023 for corporation tax ... more


1453
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Increased Annual Investment Allowance

Increased Annual Investment Allowance   The annual investment allowance (AIA) gives a 100% deduction for tax purposes for the cost of plant, equipment and certain fixtures in buildings... more


452
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Increased drive for up-front payments of tax: to include Corporation Tax and CIS Tax?

The government announced at Autumn Budget 2017 that the current scope of the security deposit legislation will be extended to include corporation tax and Construction Industry Scheme (CIS) deductio... more


372
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Interest provisions for late payment, repayment and penalties

The detail of how interest is applied to late payments for corporation tax, Stamp Duty and SDLT and to penalties imposed for failure to comply with obligations under PAYE, is to be clarified. ... more


2630
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Tax Efficient Profit Extraction

Tax Efficient Profit Extraction As a company owner you can choose how to extract the profits from your company, and by making the right choices you can minimise the tax and NI paid by you and t... more


1572
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Tax Nudge

Tax Nudge A "nudge" in this context is a piece of advice or an arrangement designed to encourage you to pick the option the Government wants to you to choose, such as contributing to ... more


1584
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Tax Taskforces

Tax Taskforces   These are teams of tax investigators who target particular trades in defined geographical areas with one-to-one visits. A typical taskforce team will include specialis... more