łÉČËÓ°Ňô

Tax News

Plastic Packaging Tax: Technical consultation and HMRC guidance

Published on: 04 November 2021
Published by a

Specialist Tax Regulatory Materials

Article summary

Ahead of the introduction of Plastic Packaging Tax from 1 April 2022, HMRC has launched a consultation to seek views on the technical application of draft Plastic Packaging Tax (General) Regulations 2021.

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Popular Articles

Transferable tax allowance (also known as the marriage allowance)

Transferable tax allowance (also known as the marriage allowance)What is the transferable tax allowance (marriage allowance)?From 6 April 2015, an individual can elect to transfer 10% of the personal allowance (ÂŁ1,260) to the spouse or civil partner where neither party is a higher rate or additional

14 Jul 2020 13:52 | Produced by Tolley Read more Read more

Foreign exchange issues

Foreign exchange issuesOverview of foreign exchange provisionsForeign exchange (FX) movements are generally taxed following the rules applicable to the underlying income, expenditure, asset or liability on which they arise, broadly as follows:Capital assetsOn a realisation basis (ie on disposal)

14 Jul 2020 11:44 | Produced by Tolley Read more Read more

Overseas property businesses for companies

Overseas property businesses for companiesOverviewReal estate income is generally taxed where the property is located; the UK tax treaties generally allow the jurisdiction where the land is located to tax income from the land.Therefore, a UK company with overseas property may be subject to tax in

14 Jul 2020 12:22 | Produced by Tolley in association with Rob Durrant-Walker of Crane Dale Tax Read more Read more