British Tax Guide: Corporation Tax 2012-13

British Tax Guide: Corporation Tax 2012- 13 provides clear, practical and accessible commentary on the tax issues likely to be of widespread interest to tax advisors dealing with 2012-13 corporation tax affairs. The text is up to date to 31 July 2012 including most recent legislation, case law, HMRC statements of practice and the Finance Act 2012. The book features detailed expert guidance on this area with legislation fully cross referenced.

Changes featured in this edition include:

• Main rate of corporation tax for financial year 2012
• Charge and main rate for financial year 2013
• Small profits rate and fractions for financial year 2012
• Expenditure on plant and machinery for use in designated assisted areas
• Plant and machinery allowances: fixtures
• Group relief: meaning of 'normal commercial loan'
• Company distributions
• Controlled foreign companies and foreign permanent establishments
• Loan relationships: debts becoming held by connected company
• Relief for expenditure on R&D
• Profits arising from the exploitation of patents, etc.
• Real estate investment trusts
• Tax treatment of financing costs and income
• many more

British Tax Guides from CCH 
The British Tax Guides are expert, individually focused commentary on the all the main UK taxes. Each of the guides is focused on one particular area, with legislation to that tax cross referenced to enable you to put the legislation into context, as well as efficiently calculate tax liabilities.

Each of the 2012-13 editions will include all changes from the 2012 Budget and subsequent Finance Act.