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Business tax

Policy papers and consultations

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  • Tax treatment of transactions in financial futures and options.

  • Definition of financial trader for the purposes of paragraph 31 schedule 26 Finance Act 2002.

  • Claims to loss relief, capital allowances and group relief outside limit.

  • Treatment of investment managers and their overseas clients.

  • Enterprise Investment Scheme, Venture Capital Trusts, Corporate Venturing Scheme, Enterprise Management Incentives and Capital Gains Tax Reinvestment Relief (supersedes Statement of Practice 7 (1998).

  • Corporate Venturing Scheme - applications for advance clearance under Finance Act 2000 Schedule 15 Part X.

  • Tonnage Tax.

  • Monthly savings in investment funds.

  • Stamp Duty: group relief.

  • Taxation of commission, cashbacks and discounts.

  • Company's purchase of own shares: Income and Corporation Taxes Act 1988 (See also Tax Bulletin, Issue 21, February 1996, page 280).

  • Associated companies for small companies' relief and Corporation Tax starting rate: holding companies.

  • Enhanced stock dividends received by trustees of interest in possession trusts.

  • Statutory lump sum redundancy payments.

  • Double taxation: dividend income: tax credit relief.

  • UK/Czechoslovakia Double Taxation Convention.

  • Groups of companies: arrangements.

  • Accident insurance policies - chargeable events and gains on policies of life insurance.

  • Non-resident trusts.

  • Partnerships: circumstances in which late elections will be accepted.