Business

Eclipse Film Partners No 35 LLP v CRC, Court of Appeal

Tax-efficient structures for community groups in a joint trading activity

Taxing celebrities’ income from the exploitation of image rights

When does an expense in the accounts of a business fail to be deductible?

Many countries are overhauling their corporate tax rules ahead of the final recommendations from the Organisation for Economic Cooperation and Development (OECD) on base erosion and profit shifting (BEPS), according to a report from big four accountancy EY.

Is a one-off commission received in the course or furtherance of a business?

The First-tier Tribunal’s view of eligibility of relief on trading losses

Relief on the cost if a company buys its employee a hearing aid

Availability of relief for a mortgage early redemption penalty

RF Farrow (TC4241)

The tax system costs businesses up to £10bn in hidden costs a year, with small and medium-sized enterprises (SMEs) bearing the brunt, according to research by the Association of Accounting Technicians (AAT).

The organisation’s survey of 500 firms found that each SME pays an average of £4,376 in tax compliance costs, just under half the £8,907 paid by larger businesses.

Elsina Ltd (TC4226)