ณษศหำฐา๔

Tax News

Spring Statement 2022: tax implications

Published on: 23 March 2022
Published by a

Specialist Tax Regulatory Materials

Article summary

The Chancellor delivered his Spring Statement on 23 March 2022, detailing several new tax announcements.

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

Popular Articles

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

FRS 102 โ€• tax presentation and disclosures

FRS 102 โ€• tax presentation and disclosuresPresentation of tax under FRSย 102An entity must present changes in a current tax liability (or asset) and changes in a deferred tax liability (or asset) as a tax expense (or income) unless the item creating the current or deferred tax amount is recognised in

14 Jul 2020 11:46 | Produced by Tolley in association with Malcolm Greenbaum Read more Read more

Gifts with reservation โ€• overview

Gifts with reservation โ€• overviewIntroductionA gift with reservation (GWR) arises when an individual ostensibly makes a gift of his property to another person but retains for himself some or all of the benefit of owning the property. The legislation defines a gift with reservation with reference to

14 Jul 2020 11:48 | Produced by Tolley Read more Read more