An in-depth exploration of what constitutes a Close Company, its implications, historical context, key events, and other relevant details.
A detailed encyclopedia article on Controlled Foreign Company (CFC), encompassing its definition, historical context, key regulations, and applicability in tax planning for UK-resident companies.
A comprehensive overview of Directors or Higher-Paid Employees under UK tax law, including definitions, historical context, types of benefits, compliance requirements, and important considerations for employers.
A capital gains tax relief introduced from 6 April 2008, allowing business owners to benefit from a reduced tax rate on the disposal of business assets.
An in-depth exploration of inheritance tax, its history, mechanisms, and implications for individuals in the UK.
Understanding the 'Ordinarily Resident' status in the context of UK capital gains tax rules, including historical context, types, key considerations, and real-life implications.
A comprehensive explanation of Potentially Exempt Transfers (PET), the conditions under which they apply, historical context, implications, and related regulations.
An in-depth exploration of the term 'resident' for tax purposes in the United Kingdom, including qualifications, implications, historical context, and related considerations.
A supply of goods or services made in the UK, other than an exempt supply. The term is used in value added tax legislation.
In UK tax law, the Westminster Doctrine allows individuals to arrange their affairs in any lawful manner to minimize tax liability.
