Administration and liquidation
This document covers the tax implications on these, together with the informal winding up; effect on accounting periods; close investment holding company rules; tax deduction for expenses during liquidation; redundancy payments; utilization of tax losses; group relief; substantial shareholdings exemption; and distributions.
Taxation dividends and distributions
This document covers the basic principles on dividends, together with the small company definition and exemption; dividends received by non-small companies; exempt classes; capital distributions; tax advantage scheme; and election to treat dividend as non-exempt.
Taxation of loan relationships
This document covers these in detail, along with the acceptable accounts, debits and credits; taxation reforms; transitional adjustments; foreign exchange movements; interest; corporate restriction rules; trading v non-trading; connected parties, anti-avoidance provisions; and loans for unallowable purposes.
This document covers these in detail, along with differences in tax treatment pre-and post-1 April 2012; tax adjustments; change in accounting policy; IAS 38 adoption, negative goodwill; and election for writing down at fixed rate.
Transactions in securities
This document discusses these rules in detail, together with the required conditions; relevant consideration; excluded circumstances; and calculation of income tax advantage.
Share for share exchange
This document discusses the capital gains tax implications where shares are sold in exchange for new shares, together with the takeovers involving cash; different classes of shares; and interaction with entrepreneurs’ relief.
Research and development SME tax reliefs
This document discusses the rules in detail, together with the cap on R&D aid; R&D tax credit; the outcome of 2015 consultation process; and the detail on the advance assurance for small companies.
Substantial shareholder exemption (SSE)
This document discusses these rules in detail, together with the conditions that need to be satisfied by the investing company and the investee company. It also covers the detail on the joint venture companies; and the qualifying institutional investors.
HP and finance leasing
This document covers these in detail, along with their tax treatment; difference between an operating and a finance lease; long funding leases; car leasing pre/ post-April 2009 and changes post April 2013.
Group loss relief
This document covers these rules in detail, along with the surrenderable amounts; payments; overseas companies; effective use of losses; trapped losses; maximum relief; Non-coterminous periods; company joining/leaving a group; transfer arrangements; commercial arrangements with public authorities; accelerated payments; and group relief restriction.