To elect or not?
Many companies have recently moved, or are about to move, from preparing their accounts in accordance with UK GAAP (excl...
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Reassuringly expensive
A valuation of the goodwill of a two-partner firm of chartered accountants was required in connection with the transfer ...
Updated practice
In March 2013 the government asked the Office of Tax Simplification (OTS) to review the taxation of partnerships....
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Not boring at all...
Much, I suspect, to the bemusement of the organisers, the attendance at the CIOT residential conferences can be variable...
End of the goodwill trick?
Finance Act 2015 includes two changes that affect the decision to incorporate a business and by which method....
The summer of tax calculations
Of all the bombshells that rained on tax advisers in the chancellor’s summer Budget one has caused the most debate....
A reality check?
Share and business valuers are an odd crowd, which perhaps explains the frisson of excitement in their ranks when the de...
Raiders of the loss relief
In the early days of my tax career, nearly 25 years ago, there was a legislative provision that I thought a very useful ...
Great expectations
The acquisition of an asset and its subsequent lease back to the vendor is known as a sale and leaseback (S&L) trans...
Taking the credit
The research and development expenditure credit (RDEC) was introduced by the Finance Act 2013 and has led to a change in...