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Tag: Corporate tax reporting

plant and machinery corporation tax

Sting in the tail

May 17, 2021

In order to incentivise companies to invest in capital spending in the short term, the Government have announced a 130% super deduction for investment in plant and machinery between 1 April 2021 and 31 March 2023 (pro-rated in some cases). With corporation tax rates currently at 19% that will give

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share option and loan note transactions

Corporate employer tax reporting of share, option and loan note transactions by 6 July 2020 Note: as at 4 May 2020 no HMRC announcement of any Covid-deferral of the filing deadline

May 10, 2020

UK tax resident companies have an annual obligation to e-report to HMRC all awards of shares, share options and loan notes (in fact any “securities”) to employees and directors.  There are very few exceptions. HMRC are known to closely examine the completeness of the e-report against the company claim for

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