Companies

The Treasury is consulting on how to provide additional funding through the tax system to support digital media production in the UK, including the visual effects sector. The government is keen to learn more about:

A careful look at the changes to the taxation of loans to participators and other extractions of value from close companies

A client carried on a business through a “one-man” limited company, which has ceased trading but has retained profits. Because he is liable to higher rate tax in retirement, he proposes to gift the shares to his wife to enable her to draw dividends

Attack on schemes threatens growth, warns tax expert

"UK should stretch its lead over other business-friendly economies"

Looking forward to the next few years of online filing with iXBRL

Risky Business (TC2408)

HMRC marks two years of mandatory tagging

A company holds shares in listed companies, unit trusts and open-ended investment companies. Advice is required on the scrip dividends received

Capital reduction demergers are rare, but they can play an important part in corporate tax planning

An inventor personally owns a patent that is licensed to his company, which exploits it. To mitigate personal tax liabilities, it has been suggested the patent be owned by a company