All articles by Peter Clements

Peter Clements

Taxing lessor acquisitions: a rethink

In response to industry concerns that the legislation, introduced as an anti-avoidance measure in Schedule 10 to the Finance Act 2006, is hindering sales of lessor businesses in non-avoidance contexts, HMRC published on July 29 a discussion paper setting out a number of possible options that they hope would alleviate the issues