Specialist Tax Regulatory Materials
HMRC recently updated its creative industry tax reliefs guidance stating that, from April 2025, the CT600P creative industries supplementary page had to be included with returns. The guidance has been further updated to remove the need to submit the supplementary page.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
What are connected companies for loan relationship purposes 鈥� practical approachBrief overview of the rulesThe loan relationships legislation applies to any 鈥榤oney debt鈥� arising from the lending of money entered into by a company, either as a lender or borrower. The rules are contained in CTA 2009,
UK VAT invoice requirementsThis guidance note provides details of the information that must be shown on a valid tax invoice. Businesses supplying goods and services that are liable to the standard or reduced rate of VAT are required to issue a tax invoice to another VAT registered person.If the
Holding companies 鈥� VAT status of activitiesThis guidance note examines how to determine the VAT status of a holding company鈥檚 activities. In particular, it looks at:鈥hen a holding company is or is not in business鈥f a holding company is in business, whether its activities are exempt or taxableThe
