Reality bites
In the interests of simplification, there should be some grateful acknowledgement of the fact that many of the concepts ...
OMB
OMB
Purchase of own shares
Let’s say Mrs Pancake and Mr Hazel set up their company, Muffin Limited a number of years ago and Mrs Pancake is now loo...
Pricing a transaction
Transactions for share acquisitions currently tend to be priced based on either a ‘locked box accounts’ approach, or a ‘...
Most popular reads
Latest briefings
Working it out
The very first project undertaken by the Office of Tax Simplification looked at tax reliefs.
Getting your hands dirty
Despite the recent announcement of the deferral of the implementation of Making Tax Digital (MTD) there are still many c...
Under the surface
Tax concerns are often a sticking point on the acquisition of a company’s shares.
Grappling with complexities
Over recent years the taxation of permanent establishments (PEs) has been subject to close domestic and international at...
The height of madness
Desiderius Erasmus of Rotterdam, sometime Professor of Divinity in residence at Queens’ College Cambridge, wrote at the ...
Building a defence
The new corporate criminal offences for failure to prevent facilitation of tax evasion, expected to come into force from...
Making a withdrawal
What is profit extraction? How to extract profits from a business remains one of the fundamental questions facing owner...