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Finance Bill 2021: amendments and new clauses


Ahead of the report stage scheduled for 24 May, the government has tabled several proposed amendments to the Finance Bill 2021 including to the super deduction and non-resident SDLT surcharge. It has also proposed four new clauses and a new schedule concerning VAT.
Extension of super deduction and special-rate allowance
The new super deduction and temporary first-year allowance for special-rate assets are being amended to enable background plant and machinery in leased buildings to qualify for these allowances.
The government amendment, to be introduced in the report stage of Finance Bill 2021, will ensure that the allowances are available where a company purchases or constructs a building and fits it out with fixtures and other assets that contribute to the functionality of the building, or its site, as an environment in which commercial activities can be carried out. Such assets were previously excluded from attracting these allowances owing to the general exclusion ....

United Kingdom , Northern Ireland , Finance Bill , Property Authorised Investment Funds , United Kingdom Real Estate Investment , One Stop Shop , Import One Stop Shop , Northern Ireland Protocol , Royal Assent , ஒன்றுபட்டது கிஂக்டம் , வடக்கு ஐயர்ல்யாஂட் , நிதி ர சி து , ஒன்றுபட்டது கிஂக்டம் ரியல் எஸ்டேட் முதலீடு , ஒன்று நிறுத்து கடை , இறக்குமதி ஒன்று நிறுத்து கடை , வடக்கு ஐயர்ல்யாஂட் ப்ரோடொகால் , அரச ஒப்புதல் ,

DT9203 - Double Taxation Relief Manual - HMRC internal manual


DT9203 - Double Taxation Relief Manual: Guidance by country: Hong Kong: Treaty summary
The table summarises the provisions of the treaty as they relate to income beneficially owned by UK residents. The rate shown is the ‘treaty rate’ and does not reflect taxes chargeable under domestic law before relief is given under the provisions of the treaty. The ‘treaty rate’ is the maximum rate at which Hong Kong is permitted to tax income in the relevant categories under the treaty. Rates chargeable under domestic law may be higher or lower.
In all cases other conditions for relief (e.g. beneficial ownership) will have to be met before relief is due under the treaty. The text of the treaty itself should be consulted for the full details. The text of the treaty can be found on gov.uk. ....

Hong Kong , United Kingdom , United Kingdom Real Estate Investment , United Kingdom Real Estate Investment Trust , ஹாங் காங் , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது கிஂக்டம் ரியல் எஸ்டேட் முதலீடு , ஒன்றுபட்டது கிஂக்டம் ரியல் எஸ்டேட் முதலீடு நம்பிக்கை ,

Segro Reports Strong Rent Collection In Q1, Q2


Segro Reports Strong Rent Collection In Q1, Q2
SLOUGH (dpa-AFX) - Segro Plc (SGRO.L), a UK Real Estate Investment Trust, Thursday said it has now collected 97 percent of all first-quarter rents due from both UK and Continental Europe portfolios as of April 7.
In its update on its continued strong rent collection for the first and second quarters of 2021, the company noted that it had received 89 percent of the 52 million pounds of rent due in respect of UK rents payable in advance on March 25 relating to the second quarter. This compares with 71 percent at a similar point in 2020.
The company expects the substantial balance of outstanding rents to be paid by the end of the quarter. ....

United Kingdom , Segro Plc , United Kingdom Real Estate Investment , United Kingdom Real Estate Investment Trust , Continental Europe , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது கிஂக்டம் ரியல் எஸ்டேட் முதலீடு , ஒன்றுபட்டது கிஂக்டம் ரியல் எஸ்டேட் முதலீடு நம்பிக்கை , கண்டம் யூரோப் ,