HMRC have issued updated guidance on a number of corporation tax topics including the following:
Disclosure of tax avoidance schemes
Use supplementary pages if you’re party to any notifiable arrangements under FA 2004, s. 308, 309, 310
Charity and Community Amateur Sports Clubs
Tell HMRC if your charity or Community Amateur Sports Club claims exemption from tax on all or any part of its income and gains
Close company loans and arrangements to confer benefits on participators
Use supplementary pages CT600A
Use this page if your company claims enhanced structures and buildings allowances or enhanced capital allowances for plant and machinery, for qualifying expenditure relating to a Freeport tax site.
Related content from Claritax Books
Capital Allowances, by Ray Chidell and Jake Iles, offers in-depth coverage of plant and machinery allowances, structures and buildings allowances, and all other UK capital allowances.
Full reference is made throughout to legislation, case law and HMRC guidance.
