50% car lease deduction under threat

Article Abstract:

The 50% limit on the recovery of value added taxes (VAT) for automobile leases in the United Kingdom is coming under threat. An advocate general opinion has raised doubts on the parallel provisions in Germany's VAT legislation.

Germany, Automobile Rent & Lease, Passenger Car Rental and Leasing, Automotive Rentals, No Drivers, Motor Vehicle Rent & Lease, Automotive Equipment Rental and Leasing, Automobile lease and rental industry, Car leasing, Car rental, Automobile industry, Value-added tax

---

Making a clean breast of it

Article Abstract:

The Revenue's measure that makes it mandatory for U.K. taxpayers and their advisers to disclose tax liability on offshore bank accounts through the Offshore Disclosure Facility (ODF) is discussed.

Capital funds & cash flow, Accounting and auditing, Disclosure (Taxation), Foreign banks

---

We can work it out

Article Abstract:

Taking the surplus profit in the form of dividends is the most popular method of extracting funds from the owner-managed companies. The tax issues regarding the dividend income are discussed.

Corporate Profits, Dividends, Dividend Policy, Profit, Profits, Tax evasion, Company dividends

Similar abstracts:

• Abstracts: Innovation in retail banking. Retail is coming of age
• Abstracts: Competing for securities underwriting mandates: banking relationships and analyst recommendations. Evidence of information spillovers in the production of investment banking services
• Abstracts: Seriously prejudicial. Staying ahead of the game
• Abstracts: Easing the export challenge. Protection at a premium. Revenue changes non-resident investment rules
• Abstracts: Squeezing emissions: tax or regulation? Tax update: Accountancy's monthly round up of the latest tax developments

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.