Bloomsbury Professional Corporation Tax 2019/20

Erscheinungsjahr 2019
ISBN: 978-1-5265-1002-0
Verlag: TOTTEL PUB

Buch, Englisch, 1224 Seiten, Format (B × H): 156 mm x 234 mm

Reihe: Core Tax Annuals

This annual guide to corporation tax meets the everyday needs of the busy tax adviser. It examines the rules, regulations and tax issues affecting companies in the UK.

Topics covered include: Introduction to corporation tax; Trading income; Capital allowances (plant and machinery); Trading losses; Groups; Investment business; Property investment; Buildings and Structures; The Construction Industry Scheme; Close companies and connected issues; Loan relationships; Intangible fixed assets; UK Patent Box; Research and development; Creative sector tax reliefs; Chargeable gains; Reconstructions and amalgamations; Distributions; Foreign matters; Transfer pricing; Self-assessment; Rates and payment of corporation tax; Self-assessment penalties; HMRC powers; Accounting and tax; The year end.

This latest edition has been updated in line with the Finance Act 2019 and changes to HMRC guidance. It explores the following key topics:

Rules dealing with new flexible use of corporate losses
The restriction on the use of carried-forward losses
New interest restriction, placing limits on the relief available for corporate borrowings
Offshore corporates investing in UK property to be brought into the corporation tax net with many investors being subject to tax on gains for the first time
Reintroduction on tax relief for goodwill in respect of certain business acquisitions where there is a strong "IP connection"
The introduction of the Structures and Buildings Allowance which allow the construction costs of commercial buildings to be written down over a 50 year period.

This accessible reference guide has a user-friendly structure with 'signposts' at the beginning of each chapter to summarise key topics and 'focus points' throughout to highlight important issues. Numerous worked examples demonstrate how to apply the main principles in practice and all examples are listed in a table at the beginning for quick navigation.

Autoren/Hrsg.

Miller, Pete

Chanda, Satwaki

Parkes, Andrew

Fachgebiete

• Rechtswissenschaften Ausländisches Recht Common Law (UK, USA, Australien u.a.)

Inhaltsverzeichnis

Chapter 1 Introduction to corporation tax
Chapter 2 Trading income
Chapter 3 Capital allowances (plant and machinery)
Chapter 4 Single company trading losses
Chapter 5 Groups
Chapter 6 Investment business
Chapter 7 Property investment
Chapter 8 Buildings and structures
Chapter 9 The Construction Industry Scheme
Chapter 10 Close companies and connected issues
Chapter 11 Loan relationships
Chapter 12 Intangible fixed assets
Chapter 13 UK Patent Box
Chapter 14 Research and development
Chapter 15 Creative sector tax reliefs
Chapter 16 Chargeable gains
Chapter 17 Buying and selling companies
Chapter 18 Distributions
Chapter 19 Liquidations
Chapter 20 Foreign matters
Chapter 21 Transfer pricing
Chapter 22 Self-assessment
Chapter 23 Rates and payment of corporation tax
Chapter 24 Self-assessment penalties
Chapter 25 HMRC powers
Chapter 26 Accounting and tax
Chapter 27 The year end
Appendix 1: Retail prices index from March 1982 onwards

Über Autor(innen)

Chanda, Satwaki
Satwaki Chanda is a tax lawyer with a First Class degree in Mathematics. His experience covers a variety of matters, including corporate transactional work, advising entrepreneurs and SMEs, investment funds and real estate planning.

Called to the Bar in 1992, he originally specialised in commercial litigation, but switched to tax in 1998 when he joined a Big Four accountancy practice. He has also worked for City law firms, but is now a freelance author. He has contributed to various practitioner textbooks as well as hosting the educational website: Tax Notes (taxnotes.co.uk), which contains articles on UK taxation, with a particular emphasis on business and property taxes.

Satwaki is co-author of Bloomsbury Professional Corporation Tax Annual, CGT Reliefs for Entrepreneurs and also contributes to Buy-to-Let Property Tax Handbook.

Parkes, Andrew
Andrew is a highly experienced international tax specialist who worked at a senior level in HMRC's international teams for over 10 years. He has a wealth of experience and technical knowledge.
During his 30-year career at HMRC, Andrew advised on many international tax matters particularly double taxation relief, company residence, double taxation agreements, exchange of information, international issues in the banking and insurance sectors.
He also worked extensively with international bodies; lead a number of high profile cases for HMRC, including at the Supreme Court; and trained many colleagues in international tax.
Andrew uses his experience to assist clients with their international taxation issues as well as being a regular contributor to the tax press. He is the author of the international tax chapters of our Bloomsbury Professional Corporation Tax Annual.

Miller, Pete
Pete Miller has nearly 32 years' experience in tax, covering all aspects of business and corporation tax issues. Pete founded The Miller Partnership in 2011 to offer expert advice on all business tax issues to other advisers, particularly lawyers and accountants. Specialist areas include reorganisations and reconstructions, the substantial shareholdings exemption, the transactions in securities rules, the anti-phoenixing rules, HMRC clearances, taxation of intangible assets and the patent box legislation.

Pete speaks and writes regularly on tax issues and is lead author of Taxation of Company Reorganisations (Bloomsbury Professional, 6th Edition due May 2019).

Pete Miller is a business tax adviser with his own practice, The Miller Partnership, and an experienced tax writer and trainer. Satwaki Chanda is a tax lawyer and an experienced writer. Andrew Parkes is a Tax Director at Milestone International Tax Partners LLP.