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Draft Finance Bill 2019/20: Changes to Income Tax Share Loss Relief The Government published draft clauses to be included in the Finance Bill 2019/20, together with related consultations and response documents, on 11 July. Income tax share loss relief applies where an individual who has subscribed for newly issued shares 
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Draft Finance Bill 2019/20: New rules for off-payroll working in the private sector from April 2020 The Government published draft clauses to be included in the Finance Bill 2019/20, together with related consultations and response documents, on 11 July. The key announcements include rules for off-payroll working in the private 
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Draft Finance Bill 2019/20 – Tax Help & Advice Amidst Brexit uncertainty and the Conservative Party leadership contest, the Government has published draft clauses for Finance bill 2019/20. Key measures include: Off-payroll working in the private sector Following consultation that concluded earlier in the year, new legislation will be introduced 
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The Limit of Recovery and Enforceability: Income Tax, National Insurance and PAYE The myriad of rules relating to the recovery and enforceability of income tax, National Insurance and PAYE are lengthy, complex and substantively different. The Office for Tax Simplification has previously reported on the ‘creaking links’ between income tax 
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What is ‘Ordinary Share Capital’? – Types of Ordinary Shares vs. Preference Shares, Premiums & Characteristics. As the poet, William Blake, once said, “hindsight is a wonderful thing, but foresight is better”. This particularly rings true when devising a corporate exit strategy and ensuring the applicability of Entrepreneurs’ Relief (ER) 
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Offshore Companies & Non-UK Resident Property Companies: Owning Commercial & Residential Property… The Forthcoming Changes April 2020. Non-UK resident companies with UK property income are subject to income tax rather than corporation tax under the non-resident landlord scheme. From April 2020, such companies will be charged to UK corporation tax 
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Discovery Assessments and Staleness HMRC have the authority to open a discovery assessment into a taxpayer where HMRC discovers that: (a) Any income or chargeable gains, which should have been assessed to tax, have not been assessed to tax; or, (b) An assessment to tax is or has not been 
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Latest Changes to UK Tier 1 Investor Visas from March 2019 – Tax Help & Advice On 7 March 2019 the Government announced that it is bringing forward a number of changes to the Immigration Rules, which further demonstrate a commitment to attracting leading talent, particularly due to Brexit, whilst 
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In their most candid moments, even ardent supporters of HMRC must admit that the last few months have not been kind to its reputation. Just before Christmas, a House of Lords committee issued a less than festive critique of new Revenue powers designed to tackle avoidance and evasion. Whilst underlining 
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Anyone passing HMRC’s headquarters in the centre of Westminster cannot help but be impressed at how formidable a building it is. It creates the very physical impression of the department which it houses also being seemingly impregnable. That might be all very well and impressive but for a slew of 
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