TaxSource Total

Here you can access summary of the key current tax developments in Ireland, the UK and internationally as reported by Chartered Accountants Ireland

The report of key tax developments are displayed per year, per month, by Ireland, the UK or International and by report title

Draft Guidance on the Anti-Avoidance Rules for Leasing

HMRC has published draft anti-avoidance chapters of the Business Leasing Manual for comment.

HMRC is currently updating the Business Leasing Manual to reflect changes to the leasing legislation. As part of this, HMRC is introducing a new chapter to bring together the guidance on the anti-avoidance legislation that has been introduced from 2004 onwards - and make application of the current legislation clearer.

As part of this exercise, HMRC is looking for feedback on the usability of the draft guidance to make sure that it is fit for purpose. The deadline for comments is 31 December 2012.