Provides a reference point for practitioners, who may need to prepare or review a valuation of shares or intangible assets, and acts as a practical guide to the more straightforward valuations which are required for tax purposes. Practical Share Valuation combines decades of the authors' practical experience in order to provide a reference guide to the valuation of unquoted shares and intangible assets as well as a practical handbook for practitioners preparing more routine valuations for tax purposes. The book highlights the relevant case law relating to valuations and also provides a handy list of additional data sources to aid the valuer in gaining access to the comparator data and latest valuation standards available. Whether you need to prepare a valuation or review work prepared by another practitioner, this book provides a wealth of easily accessible information, hints and tips to help you navigate through the potential minefield of share valuations. The seventh edition includes the following updates: - Full analysis of new legislation proposed on bringing non-resident companies with UK taxable income and gains from the disposal of UK residential property interests within the scope of corporation tax; - Guidance on new penalties in connection with offshore matters and offshore transfers (FA 2016), for inheritance tax for transfers of value on or after 1 April 2017 and for income and CGT from April 2016, in particular a new asset-based penalty for certain offshore disclosure inaccuracies and failures; - Commentary on several well-publicised litigation battles regarding failed tax avoidance schemes, such as HMRC vs Ingenious Media and HMRC vs Rangers Football Club; - Changes to the Companies Act 2006 and new reporting requirements as a result of the transition to FRS 102 and FRS 105 (effective for accounting periods on or after 1 January 2016); - Updated guidance from HMRC Shares and Assets Valuations and International Valuation Standards 2017.
“You’ll learn what these pilots went through knowing that their actions or reactions could trigger a global nuclear war.” —Historic Aviation RAF and East German Fast-Jet Pilots in the Cold War is the result of ten years of research, involving many visits to the former German Democratic Republic by a small Anglo/German team of military specialists. Their purpose was to explore the lives of RAF and East German fighter and ?ghter-bomber pilots, in the air and on the ground, at work and play, during the Cold War in North Germany. The book is based largely on personal testimony from these pilots, coupled with facts drawn from official archives and comment from other historical sources. Where possible, political considerations have been avoided and no outright criticism has been intended, readers being left to draw their own conclusions on the thinking, strategies, equipment and tactics discussed. Far from being an intellectual polemic on the Cold War, the text and photographs merely record a slice of history as seen through the eyes of a select few who took up arms in the defense of their respective homelands—and faced each other daily across the Iron Curtain. In an insightful conclusion, Nigel Walpole reassess the threat that both sides believed was genuine during those tense decades of the Cold War and examines the possible course and nature of a conflict which neither NATO nor the Warsaw Pact wanted but both actively planned for. “The writer has avoided politics where possible, and in doing so reassesses the threat and uncertainty—and ultimately the fears—both air forces faced. It’s truly fascinatingl.” —Flypast
Tax Advisers' Guide to Trusts, 5th edition is a popular text covering all aspects of the taxation of trusts, from interpreting the legislation and identifying the risks in what has become an increasingly complex area, to highlighting key planning opportunities for tax and legal advisors to help their clients reduce their tax liabilities where possible. The book concentrates on UK tax rules applicable to trusts, resident in the UK or abroad. There is a useful appendices section contains extracts from the major trust and other relevant legislation as a useful source of reference to practitioners who may be less familiar with this area. The new edition brings this subject up-to-date with the Finance Act 2014 as well as a number of important new cases.Contents:Chapter 1: A Useful Relationship; Chapter 2: Main Trust Legislation; Chapter 3: Trust Formalities Prelims; Chapter 4: Powers and Duties of Trustees; Chapter 5: Residence and Domicile; Chapter 6: Main Taxation Rules Applicable to Trusts; Chapter 7: Relevant Property Trusts; Chapter 8: Bare Trusts and Interest in Possession Trusts; Chapter 9: Trusts for Children and Young Adults; Chapter 10: Foreign Trusts; Chapter 11: Charitable Trusts; Chapter 12: Purpose and Heritage Trusts and Foundations; Chapter 13: Protective and Vulnerable Person Trusts; Chapter 14: Asset Protection Trusts; Chapter 15: Wills, Trusts and Statutory Trusts; Chapter 16: Employee Trusts; Chapter 17: Trusts of Land; Chapter 18: Pension Funds; Chapter 19: Trust Tax Returns. Previous edition ISBN: 9781845923457
This new, thoroughly updated edition of Bradt's Belarus remains the only full-blown standalone guide to the most westerly of the constituent republics that formed the Soviet Union prior to the break-up in 1991. Written and updated by expert author and Russian speaker Nigel Roberts, who has been travelling throughout the country for over 17 years, it is the definitive guide to understanding, and making the most of a visit to this much-misunderstood nation. Included in this new edition is a detailed focus on the capital city Minsk, the most likely destination for first-time travellers and now becoming a major European capital city thanks to an easing of visa regulations, as well as coverage of each of the other five cities and all six regions. Roberts draws on his years of experience and shares many stories and vignettes of his own adventures and experiences of everyday life, all of which help to bring the destination to life. In addition, there are recommendations and tips from his wide circle of contacts, including people at all levels of the tourism industry, charities working on the ground, local people and travellers from abroad, who regularly share details of up-to-the-minute information, changes and developments. With Bradt's Belarus enjoy the opportunity to put the cliché to the test; only ever described by Western media as 'the last dictatorship in Europe', travellers certainly do have the opportunity to experience elements of life as it was lived in the days of the Soviet Union but can also see beyond the cliché as Belarus seeks to free itself from the Soviet past and establish its own heritage and place in the modern world. Discover beautifully preserved and restored museum towns such as Mir, Njasvizh, Novogrudok, Pinsk and Polotsk; see Soviet-style brutalist and modernist architecture; explore accessible national parks and vast areas of unspoilt wilderness, with ample opportunity to study flora and fauna; visit historic palaces and castles stunningly restored; and enjoy the unconditional hospitality of a people who are anxious to interact with visitors from the English-speaking world.
It has long been recognised that the Church played a major role in the development of towns and cities from the earliest times, a fact attested to by the prominence and number of ecclesiastical buildings that still dominate many urban areas. Yet despite this physical evidence, and the work of archaeologists and historians, many important aspects of the early stages of urbanization in England are still poorly understood. Not least, there are many unanswered questions concerning the processes by which the larger towns emerged as planned settlements during the pre-Conquest centuries. Whilst the commitment of the Wessex kings is recognized, questions remain concerning the participation of the Church in this process. Likewise, our understanding of the Church's influence in the later development of towns is not yet fully developed. Many intriguing questions remain concerning such issues as the founding of parish churches and their boundaries, and the extent to which the Church, as a major landowner, helped shape the evolving identity of towns and their suburbs. It is questions such as these that this volume sets out to answer. Employing a wealth of historical and archaeological evidence, two key towns - Gloucester and Worcester - are closely examined in order to build up a picture of their respective developments throughout the medieval period. Through this multi-disciplinary and comparative approach, a picture begins to emerge the Church's role in helping to shape not only the spiritual, but also the social, economic and cultural development of the urban environment.
This innovative book challenges many of the widely held assumptions about the impact of ritualism on the Victorian church. Through a detailed analysis of the geographical spread of ritualist churches in the British Isles, Yates shows that the impact of ritualism was as strong, if not stronger, in middle-class and rural parishes as in working-class and urban areas. He gives a detailed reassessment of the debates and controversies surrounding the attitudes of the Anglican bishops towards ritualism, the impact of public opinion on discussions in parliament, and the implementation of the Public Worship Regulation Act of 1874. The book examines the wider historical implications by not simply focusing on ritualism during the Victorian period but extrapolating this to show the impact that ritualism has had on the longer-term development of Anglicanism in the twentieth century.
Provides a reference point for practitioners, who may need to prepare or review a valuation of shares or intangible assets, and acts as a practical guide to the more straightforward valuations which are required for tax purposes. Practical Share Valuation combines decades of the authors' practical experience in order to provide a reference guide to the valuation of unquoted shares and intangible assets as well as a practical handbook for practitioners preparing more routine valuations for tax purposes. The book highlights the relevant case law relating to valuations and also provides a handy list of additional data sources to aid the valuer in gaining access to the comparator data and latest valuation standards available. Whether you need to prepare a valuation or review work prepared by another practitioner, this book provides a wealth of easily accessible information, hints and tips to help you navigate through the potential minefield of share valuations. The seventh edition includes the following updates: - Full analysis of new legislation proposed on bringing non-resident companies with UK taxable income and gains from the disposal of UK residential property interests within the scope of corporation tax; - Guidance on new penalties in connection with offshore matters and offshore transfers (FA 2016), for inheritance tax for transfers of value on or after 1 April 2017 and for income and CGT from April 2016, in particular a new asset-based penalty for certain offshore disclosure inaccuracies and failures; - Commentary on several well-publicised litigation battles regarding failed tax avoidance schemes, such as HMRC vs Ingenious Media and HMRC vs Rangers Football Club; - Changes to the Companies Act 2006 and new reporting requirements as a result of the transition to FRS 102 and FRS 105 (effective for accounting periods on or after 1 January 2016); - Updated guidance from HMRC Shares and Assets Valuations and International Valuation Standards 2017.
This text provides financial advice for expatriates. It contains recent tax and investment changes, the special rules which apply to the taxation of income and assets, basic rights and obligations of taxpayers in their country of residence and areas of UK taxation and tax tables.
Partnerships have now become much more accepted as tools for use in tax planning – and this new title highlights the different ways partnerships can be used in tax planning scenarios. This practical and comprehensive guide explores the three main areas of partnership taxation planning:* The different types of partnerships * How these partnerships can be affected by each of the key UK taxes * The ways in which partnerships can be effectively used in tax planning There have been numerous legislative changes recently which impact on the taxation of partnerships, and Partnership Tax Planning shows practitioners how to use these changes to their advantage in order to save money for their clients through effective tax planning.This is an essential new handbook for any tax practitioners, accountants and solicitors advising their clients on partnerships.
A comprehensive work designed to help taxpayers and their advisers to plan ahead with the self-assessment regime. All the administrative and procedural changes are covered, including returns, electronic lodgement claims, assessments, payments, interest, penalties and the Inland Revenue's powers. A separate chapter deals in detail with planning and anti-avoidance. The work incorporates the relevant provisions of the Finance Acts 1995 to 2000. It explains how to avoid the pitfalls and highlights tax planning opportunities, and there are sections on companies and trusts.
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