Croner Taxwise tax consultant David Woolley answers questions about complex tax issues. This week he considers tax compliance issues relating to the sale of partnership assets when a partner decides to leave the partnership

In a bid to curb the use of related party transactions to increase the base costs of intangible fixed assets, the government has introduced measures to change the tax treatment and plans further consultation on intangibles rules in relation to intellectual property. Paul Davies, tax specialist writer at Croner-i, reviews recent developments

HMRC and the Treasury are consulting on potential changes to the corporate intangibles regime and reforms to the administration and tax compliance in the light of changing attitudes to intellectual property (IP) and the government's aim to reduce aggressive tax avoidance

The average UK small business spends £5,000 and three working weeks every year on tax compliance, according to research from the Federation of Small Businesses (FSB), which is calling for the system to be simplified

In part one of a three-part series on US taxation, PwC US national professional services partner Donald Doran explains the impact of the swingeing changes to the country's tax system for companies with stateside interests

With the current tax year ending on 5 April 2018, now is the time to get your tax affairs in order. Julia Rosenbloom, private client tax partner at Smith & Williamson, outlines 10 important tax planning points to consider

The introduction of low tax electric cars has resulted in 960,000 individuals being provided with company cars in 2015/16, up 10,000 (1.05%) on the previous year, according to research from UHY Hacker Young

The British Virgin Islands (BVI) has launched a new limited partnership regime in a bid to increase the jurisdiction’s attractions for investment funds, particularly private equity funds and joint ventures

HMRC is ramping up its counter avoidance activity with a mission to target wealthy taxpayers, tough requirement to correct rules and threats of more criminal action against taxpayers, warns Dawn Register, partner in BDO’s tax dispute resolution team

HMRC recovered an additional £819m from investigations into payroll taxes last year, up by 16% from the previous year, according analysis by Pinsent Masons, which suggests the gig economy clampdown is a factor in the increase

The Welsh Revenue Authority (WRA) is opening land transaction tax (LTT) registrations from 20 February, in readiness for the first devolved taxes in Wales for around 800 years, which come into operation from 1 April 2018

HMRC's appeal has been dismissed by a First Tier Tribunal (FTT) after it allowed English Holdings appeal against a closure notice that had refused the company's claim for loss relief