Article Database

Search results: 3 article(s) found in topic: Partnerships - keyword: Tax returns

Sorted by checked relevancepublication date


HMRC guidance on profit sharing is misleading

One of your clients has formed a mixed partnership to secure tax efficiency. However, HMRC is trying to cancel the tax advantage in accordance with its guidance. Why might you be able to fight back against this? More...


HMRC updates guidance for partnership gains

Following changes suggested by the Office of Tax Simplification to partnership taxation, HMRC revised its Statement of Practice D12 on capital gains for partnerships in November 2015. This is the first re-write for 40 years. What do you need to know? More...


How to deal with the changes to mixed partnerships

On 6 April, new rules for mixed partnerships came into effect that can result in profits being reallocated from corporate partners to individuals. When do these rules apply and is there anything you can advise clients to do to mitigate their effect? More...
Last updated: 04.06.2020

More from Indicator - FL Memo Ltd