{"id":51284,"date":"2014-12-08T12:50:17","date_gmt":"2014-12-08T12:50:17","guid":{"rendered":"http:\/\/mostafa.openonline.co.uk\/?guid=22f6771359381a9e9864310a44299018"},"modified":"2014-12-08T12:50:17","modified_gmt":"2014-12-08T12:50:17","slug":"autumn-statement-2014-roundup","status":"publish","type":"post","link":"https:\/\/mostafa.openonline.co.uk\/?p=51284","title":{"rendered":"Autumn statement 2014 roundup"},"content":{"rendered":"<div class=\"field field-name-body field-type-text-with-summary field-label-hidden\">\n<div class=\"field-items\">\n<div class=\"field-item even\" property=\"content:encoded\">\n<h3>&#13;<br \/>\n\tAnti-avoidance<\/h3>\n<p>&#13;<\/p>\n<p>The chancellor last week announced several anti-avoidance provisions relevant to large companies. Some of the measures arose as part of the OECD base erosion and profit shifting (BEPS) initiative. Key details are:<\/p>\n<p>&#13;<\/p>\n<ul>\n<li>&#13;<br \/>\n\t\ta restriction on the amount of loss relief available to banks;<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tthe introduction of a diverted profits tax;<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\tcountry by country reporting; and<\/li>\n<p>&#13;<\/p>\n<li>&#13;<br \/>\n\t\ta measure to address hybrid mismatches.<\/li>\n<p>&#13;\n<\/ul>\n<p>More general measures include proposals to strengthen the disclosure of tax avoidance schemes (DOTAS) regime; to establish a taskforce aimed at preventing avoiders from circumventing the rules; and to enable HMRC to publish summary information about notified tax avoidance schemes and their promoters.<\/p>\n<p>&#13;<\/p>\n<h3>&#13;<br \/>\n\tResearch and development relief<\/h3>\n<p>&#13;<\/p>\n<p>Three separate measures were unveiled in the autumn statement in respect of research and development (R&amp;D):<\/p>\n<p>&#13;<\/p>\n<ul>\n<li>&#13;<br \/>\n\t\tthe rate of the above the line credit will increase from 10% to 11%, &#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div>\n<div>\n<div>\n<h3>\n\tAnti-avoidance<\/h3>\n<p>The chancellor last week announced several anti-avoidance provisions relevant to large companies. Some of the measures arose as part of the OECD base erosion and profit shifting (BEPS) initiative. Key details are:<\/p>\n<ul>\n<li>\n\t\ta restriction on the amount of loss relief available to banks;<\/li>\n<li>\n\t\tthe introduction of a diverted profits tax;<\/li>\n<li>\n\t\tcountry by country reporting; and<\/li>\n<li>\n\t\ta measure to address hybrid mismatches.<\/li>\n<\/ul>\n<p>More general measures include proposals to strengthen the disclosure of tax avoidance schemes (DOTAS) regime; to establish a taskforce aimed at preventing avoiders from circumventing the rules; and to enable HMRC to publish summary information about notified tax avoidance schemes and their promoters.<\/p>\n<h3>\n\tResearch and development relief<\/h3>\n<p>Three separate measures were unveiled in the autumn statement in respect of research and development (R&amp;D):<\/p>\n<ul>\n<li>\n\t\tthe rate of the above the line credit will increase from 10% to 11%, &#8230;<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"_links":{"self":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/51284"}],"collection":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51284"}],"version-history":[{"count":0,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/51284\/revisions"}],"wp:attachment":[{"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51284"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51284"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mostafa.openonline.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51284"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}