London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Further restrictions for partnership losses

HMRC have announced further restrictions to the tax relief available for partnership losses. Although applying to all partnerships with non-active partners the new rules are primarily aimed at tax savings devices such as film schemes and technology partnerships.
The announcement on the HMRC website on Friday 2 March 2007 can be found here. This may be an indication that further changes to tackle tax avoidance may be announced in the Budget on 21 March.

 

 

Date: 5th March, 2007
Author: Lisa Spearman

SHARE THIS

Articles from this Author

Contact a Private Client Partner

Tweet

“Good luck to everyone who has also made it as a finalist, I look forward to awards evening later on in the year”-L… twitter.com/i/web/status/8…

Michael Lapham shortlisted in the Money Management Financial Planner Awards 2017 bit.ly/2fL8VXBtwitter.com/i/web/status/8…

Follow

LinkedIn

For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn