03/09/2022

UK considers online sales tax

The government said it would not be intended to actively encourage customers to shop in-store rather than online.

02/21/2022

Agnelli Family Pays €746M in Italy Tax Dispute

Exor SPA had applied participation exemption regulations in 2016, when it merged with its Dutch subsidiary Exor Holding N.V., which would have excluded nearly all capital gains from taxable income in calculating the exit tax, the report said.

02/16/2022

How can charities maximise input VAT and tax?

The receipt of large distortive non-business income such as legacies, large donations and capital grants can disrupt the level of VAT recovery on an income-based method, and so the use of an alternative proxy can sometimes be advantageous in this scenario

02/11/2022

Govt to review taxation of illiquid assets fund

This follows on from a call for input last January where the government began its review to identify options which will make the UK a more attractive location to set up, manage and administer funds, as well as support a wider range of more efficient inves

02/11/2022

Tax disputes: follower notices and accelerated payments

The rules apply to income tax, National Insurance contributions (NICs), capital gains tax, corporation tax, apprenticeship levy, inheritance tax, stamp duty land tax and the annual tax on enveloped dwellings.