Specialist Tax Statutory Instruments
This聽Order聽is made to provide amendments to聽social聽security聽legislation governing entitlement to certain benefits as well as tax legislation in聽the聽UK in consequence of聽the聽Disability聽Assistance (Scottish聽Adult聽Disability聽Living聽Allowance) Regulations聽2025, SSI聽2025/3, which introduce arrangements for聽the聽payment of聽Scottish聽Adult聽Disability聽Living聽Allowance, which will replace聽Disability聽Living聽Allowance聽for adults (recipients aged 18 and over) in聽Scotland.
Jurisdiction(s): United Kingdom
Group relief for carried-forward lossesThis guidance note examines in detail the relief available to groups for carried-forward losses. The scope excludes the treatment of specialist businesses such as banks, insurance companies and oil and gas companies.From 1 April 2017, companies can surrender
Gifts out of surplus incomeA valuable exemption from inheritance tax (IHT) applies to gifts out of surplus income. This exemption applies only to lifetime gifts and is therefore a key part of lifetime planning. The exemption applies to both outright gifts and gifts into trust. Gifts which meet the
VAT registration 鈥� artificial separation of business activities (disaggregation)This guidance note should be read in conjunction with the VAT registration 鈥� compulsory guidance note and is relevant to persons established or resident in the UK. Persons that are not established or resident in the UK
