Specialist Tax Statutory Instruments
These Regulations amend the amount of relevant rent specified within Regulation 2 of the Land Transaction Tax (Specified Amount of Relevant Rent) (Wales) Regulations 2018, SI 2018/133.
Jurisdiction(s): England, Northern Ireland, Scotland and Wales
Associated companies 鈥� from 1 April 2023Implications of associated companiesFrom 1 April 2023, the rate of corporation tax that a company is subject to depends on the level of its augmented profits. The rate of tax is based on a comparison of the company鈥檚 augmented profits against the corporation
Losses on shares set against incomeUsually, allowable capital losses can only be set against chargeable gains. If the losses are not fully utilised against gains in the year in which they arise, the excess is carried forward to use against future gains. See the Use of capital losses guidance note
Research and development (R&D) relief 鈥� overviewThis guidance note provides an overview of the research and development (R&D) tax reliefs for companies.See the Research and development tax relief summary diagram which summarises the R&D tax relief.See also Simon鈥檚 Taxes D1.401.For a factsheet which
