Slough Estates is expected to confirm this week that it will become a real
estate investment trust (REIT), according to reports.
REITS come into force in January, and are a tax efficient structure that many
property companies are considering moving towards, including British Land and
The move by Slough was expected to allow it to release deferred tax
provisions estimated at over £400m, according to The Daily Telegraph,
and should be announced when it releases interim figures on Wednesday.
Private companies are also likely to go public to use the tax advantages.
Making Tax Digital will impose significant additional tax compliance costs on small businesses for little or no medium term benefit, tax and small business experts told MPs
MHA MacIntyre Hudson has partnered with cloud accounting software provider Xero ahead of the government’s requirement for digital records
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Does Darwin's theory apply to taxation? Colin ponders...