| 1 | Asset purchases: tax overview This note is an overview of the key tax implications of an asset purchase for the buyer and the seller. | Practice note: overview | Maintained |
| 2 | Entrepreneurs' relief: overview A summary of the key features and practical implications of entrepreneurs' relief. This is a relief from capital gains tax for individuals and trustees which applies to the first £10 million of gains on the disposal of a business or certain shares or securities of a trading company. | Practice note: overview | Maintained |
| 3 | Share purchase or asset purchase: overview of tax issues A summary of the key tax issues to take into account when deciding whether to structure the purchase of a business as a purchase of shares or a purchase of assets. | Practice note: overview | Maintained |
| 4 | Asset purchases: tax aspects of deferred consideration A practice note on the tax implications for buyer and seller of using deferred consideration in an asset purchase. | Practice notes | Maintained |
| 5 | Asset purchases: tax aspects of financing the acquisition A practice note on the tax issues for the buyer to consider when financing an assets acquisition. The note covers both domestic and cross-border transactions. | Practice notes | Maintained |
| 6 | Asset purchases: tax aspects of hive downs This practice note discusses the tax implications of a hive down. A hive down is the transfer of all or part of the business or assets of a company to a new company (the hive down company), followed by the sale of the shares in the hive down company to a third party. | Practice notes | Maintained |
| 7 | Asset purchases: tax issues for buyer and seller This practice note discusses the tax issues for buyer and seller in an asset purchase, and how the conflicting tax objectives of buyer and seller can be dealt with when structuring the purchase. | Practice notes | Maintained |
| 8 | Buying an interest in property: tax Many commercial property transactions are, potentially, liable to direct and indirect taxes. This practice note considers the tax treatment of a property purchase. | Practice notes | Maintained |
| 9 | Capital allowances on property transactions This note summarises the capital allowances that may be available to businesses on property transactions. These include plant and machinery allowances, industrial buildings allowances, business premises renovation allowances and flat conversion allowances. | Practice notes | Maintained |
| 10 | Corporate insolvency and losses: tax This practice note deals with the issue of using and preserving the losses of an insolvent company, both generally and in the contexts of a hive down of its assets and business, and of group relief. | Practice notes | Maintained |
| 11 | Direct taxes This practice note gives an overview of direct taxes in the UK tax regime. It covers income tax, corporation tax and capital gains tax. It discusses the principles of calculation, rates, payment and compliance, and reliefs (such as capital allowances and research and development (R&D) relief). | Practice notes | Maintained |
| 12 | Engagement letters Engagement letters are used by accountants, investment banks and other advisers to limit their liability when giving advice. This note deals with the issues that arise when limiting liability and summarises the provisions most commonly found in engagement letters. | Practice notes | Maintained |
| 13 | Enhanced capital allowances (ECAs) for investment in ... A summary of the various enhanced capital allowance (ECA) schemes aimed at promoting environmental measures. | Practice notes | Maintained |
| 14 | Entrepreneurs' relief The availability of entrepreneurs' relief has significant implications for individuals and trustees. This practice note explains the key features of entrepreneurs' relief. | Practice notes | Maintained |
| 15 | Holding an interest in property: tax Many commercial property transactions are, potentially, liable to direct and indirect taxes. This practice note considers the tax treatment where a corporate taxpayer holds an interest in property. | Practice notes | Maintained |
| 16 | Key dates for corporate tax practitioners: 2012 A practice note listing key forthcoming dates in 2012 for corporate tax practitioners. | Practice notes | Maintained |
| 17 | Key dates for corporate tax practitioners: 2013 A practice note listing key forthcoming dates in 2013 for corporate tax practitioners. | Practice notes | Maintained |
| 18 | Leases: tax Many commercial property transactions are, potentially, liable to direct and indirect taxes. This practice note considers the tax treatment of leases. | Practice notes | Maintained |
| 19 | Planning Act 2008: Community Infrastructure Levy: an ... This note provides an overview of the Community Infrastructure Levy (CIL) introduced by the Planning Act 2008 and the CIL Regulations 2010 (SI 2010/948). | Practice notes | Maintained |
| 20 | Property contracts: dealing with plant and machinery capital ... This practice note looks at the issues that need to be considered when drafting or negotiating a clause in a property sale contract dealing with plant and machinery capital allowances. It considers the new rules applicable from April 2012, which impose additional requirements before a buyer can claim plant and machinery capital allowances on property fixtures. | Practice notes | Maintained |
| 21 | Share purchase or asset purchase: tax issues This practice note looks at: 1. The main tax advantages for the buyer and seller of a share purchase. 2. The main tax advantages for the buyer and seller of an asset purchase. | Practice notes | Maintained |
| 22 | Stamp duty This note considers the practical impact of stamp duty on commercial transactions. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements. | Practice notes | Maintained |
| 23 | Stamp duty land tax This practice note considers the practical impact of stamp duty land tax in the context of commercial transactions. | Practice notes | Maintained |
| 24 | Stamp duty: reliefs This note considers the various reliefs and exemptions from stamp duty available in a commercial context. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements. | Practice notes | Maintained |
| 25 | Tax clearances: transfer of trade This practice note discusses the situations in which UK tax relief may be available for the transfer of a trade and the procedure for obtaining HMRC clearance for such transactions. | Practice notes | Maintained |
| 26 | Tax legislation tracker: archive A document containing items formerly found in PLC Tax legislation trackers but that are now in force. | Practice notes | Maintained |
| 27 | Tax legislation tracker: corporate A document tracking the development of certain notable pieces of proposed new legislation relating to corporate taxation. | Practice notes | Maintained |
| 28 | Tax legislation tracker: owner-managed business A document tracking the development of certain notable pieces of proposed new legislation relating to the taxation of owner-managed businesses. | Practice notes | Maintained |
| 29 | Tax legislation tracker: property, energy and environment A document tracking the development of certain notable pieces of proposed new legislation relating to property, energy and environment taxation. | Practice notes | Maintained |
| 30 | Tax on chargeable gains: general principles This note is a general summary of the UK rules applying to the taxation of chargeable gains. It describes what chargeable gains are, what assets are affected, when disposals arise, the way in which gains are calculated and the manner in which they are taxed, exceptions from taxation, anti-avoidance rules and how allowable losses may be used. This note is intended as a general overview, so you should be aware that the tax treatment in a particular case may differ from the general position described in this note. | Practice notes | Maintained |
| 31 | Value added tax Value added tax (VAT) is a tax on supplies of goods and services made by a taxable person in the course or furtherance of a business. It is administered by HM Revenue & Customs. This note covers the VAT position on standard-rated supplies, exempt supplies, zero-rated supplies and supplies that are outside the scope of VAT. | Practice notes | Maintained |
| 32 | VAT and property: the option to tax The option to tax (previously referred to as the "election to waive exemption from VAT") plays an important role in property investments and transactions. This practice note sets out when an option can be exercised, the rules governing options and the effect of an option. | Practice notes | Maintained |
| 33 | VAT and property: transferring a business as a going concern A practice note providing a brief summary of the operation of the rules governing the transfer of a business as a going concern where the assets transferred include land and buildings. | Practice notes | Maintained |