Specialist Tax Regulatory Materials
The Association of Taxation Technicians (ATT) has submitted a聽response聽to the聽government policy paper on changes to the taxation of non-UK domiciled individuals.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Definition of a close companyThe detailed definition of a close company is set out below, but in summary the rules are targeted at those companies where the owners can manipulate the activities of the company to influence their own tax position. Therefore, broadly speaking, in most cases an
Short-term business visitors (STBVs)What is a short-term business visitor?An STBV for UK tax purposes is an individual who performs duties for a non-UK employer and as a part of those duties has been asked to spend a short period working in the UK. There is a common misconception that there is
Holdover relief for disposals by trusteesOverviewWhere a capital gain has been realised on an asset that has been disposed of and that disposal was not for full value (that is not in an arm鈥檚 length sale) then holdover relief may be available. This will happen when trustees appoint capital assets
