A guide to the process whereby a company can apply for its name to be struck off the register of companies and the company dissolved using the voluntary strike off procedure in sections 1003 to 1011 of the Companies Act 2006. NOTE: This resource is being reviewed in light of the 2016 Budget. For more information, see Legal update, 2016 Budget: key business tax announcements.
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).
Tax legislation gives special tax treatment to certain transactions between group company members, such as group and consortium relief and relief for chargeable gains groups. This note considers that treatment. The stamp duty, stamp duty land tax and value added tax position of group companies is also considered.