Tax Planning 2018/19

Tax Planning 2018/19
ISBN-10
1526507617
ISBN-13
9781526507617
Category
Business & Economics
Pages
1240
Language
English
Published
2018-08-16
Publisher
Bloomsbury Professional
Author
Mark McLaughlin

Description

Are your clients fully aware of their tax planning opportunities? The government and HMRC continue to clamp down on what they regard as tax avoidance and unacceptable tax planning. This can have unfortunate and unexpected consequences for taxpayers, and also unpleasant implications for 'enablers' of defeated tax avoidance. There is still much that can legitimately be done to save or reduce tax. Written by some of the leading tax experts in the UK, Tax Planning 2018/19 aims to point out some of the areas where such planning opportunities still exist. As clients of professional firms expect prompt, appropriate and up-to-date advice from their advisers on minimising tax liabilities, this book is essential for tax practitioners, accountants, solicitors and independent financial advisers. Key updates since the last edition include the following changes made by the Finance (No 2) Act 2017: - New termination payment tax rules - Substantial shareholdings exemption amendments - Domicile and the new deemed domicile reforms Tax Planning 2018/19 also includes: - New chapters on capital allowances and commercial property and stamp taxes (including the new Welsh Land Transaction Tax) - Commentary on the effects of the new partnership taxation legislation concerning profit sharing arrangements between partners and reporting requirements - Commentary dealing with the reforms around the taxation of income arising and gains accruing to offshore trusts - New case law, including Stephen Bailey v HMRC, W&H Ritchie v HMRC (private residence relief) and HMRC v McQuillan (entrepreneurs' relief)

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