It is largely consistent with the modeldouble tax convention produced by the Office for EconomicCo-ordination and Development (OECD). It updates provisions in relation to capital gains, and introduces more modern information exchange arrangements.by Heather Self...
The Group did not claim a tax credit during the period from HMRC in respect of its R&D claim (2023: tax credit of £0.5 million) and has instead elected to carry forward taxable losses. The Group has brought forward unused tax losses of £3.9 million (2023: £7.0 million) and is ...
The abolition of Multiple Dwellings Relief (MDR) across England and Northern Ireland from 1 June 2024 will result in the effective rate of Stamp Duty Land Tax (SDLT) for Build to Rent, Purpose Built Student Accommodation and Co-Living schemes increasing to a maximum of 5% from an effective ...
statement Annual report on remuneration 2017 Remuneration policy summary 96 98 120 96 GSK Annual Report 2018 Remuneration report Chairman's annual statement Dear Shareholder On behalf of the Remuneration Committee (the Committee), I am pleased to present to you our Remuneration report for 2018....
“The NAO report illustrates that HMRC is simply not using all the new powers at its disposal. HMRC has a vast array of both civil and criminal powers to tackle tax evasion. It should make full use of these powers, and then evaluate their effectiveness, before seeking further power,...
Canada USA Bahamas Barbados Bermuda Cayman Islands Guyana Jamaica OECS Trinidad & Tobago Virgin Islands (British) Apply nowmyACCA The OTS has published the final report on its review of the competitiveness of UK tax administration, making 50 recommendations for improvements....
Specifically, it demands that individuals paid either Capital Gains Tax or Income Tax depending on the type of cryptocurrency transactions they are involved in. Matter of international significance HMRC’s move echoes the United States Internal Revenue Service’s, when it sent letters to 10,000 ...
Because of HMRC requirements on VAT the profits on sales of targets, which up to and including 2006 had been in the trading company's books, was switched to NSRA in 2007. This amounted to £29,083 in the year. Of course this made no difference to the Group position. Other factors ...
Six months to 31 July 2020 Six months to 31 July 2019 Year to 31 January 2020 Net assets (£’000s) 141,330 122,093 132,373 Return on ordinary activities after tax (£’000s) 1,891 1,433 4,144 Net asset value per share (‘NAV’) 46.1 46.2 45.7 Cumulative dividends paid ...
The investment policy is designed to ensure that the Company continues to qualify and is approved as a VCT by HMRC. In order to maintain its status under Venture Capital Trust legislation, a VCT must comply on a continuing basis with the provisions of Section 274 of the Income Tax Act 2007...