Finance Bill 2021: roundup of developments as at 3 May 2021

Published on: 03 May 2021

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Specialist Tax Regulatory Materials

Article summary

The Public Bill Committee finished its consideration of the Finance Bill on 27 April, approving all Government amendments. No date has yet been set for Report Stage.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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Guidance

Popular Articles

Trusts and Inheritance Tax

Transfer of assets to beneficiaries ― legal, administration and tax issues

Transfer of assets to beneficiaries ― legal, administration and tax issuesThis guidance note outlines how assets are transferred to beneficiaries and the tax consequences that flow from the transfer. Whether a payment is income or capital is discussed in the Payments to trust beneficiaries guidance

14 Jul 2020 13:52 | Produced by Tolley Read more

Owner-Managed Businesses

Repairs and renewals

Repairs and renewalsThe key consideration in determining whether expenditure on repairs and renewals is allowable as a deduction for tax purposes is whether it is capital or revenue in nature. In some cases, it can be relatively straightforward to identify revenue repairs. HMRC provides the

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Employment Tax

Parking provision and expenses

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14 Jul 2020 11:09 | Produced by Tolley Read more

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