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Capital gains tax and stamp duty

Capital Gains Tax and Stamp Duty

The Office of Tax Simplification (OTS) has recently been consulting on Capital Gains Tax and Stamp Duty. UKSA and ShareSoc have submitted joint responses to each of these consultations.

Response to the IASB’s consultation on ED General Presentation and Disclosures

UKSA and ShareSoc have responded to the IASB’s consultation on “ED General Presentation and Disclosures”, part of their Primary Financial Statements project and focusing on proposed changes to mainly the statement of profit or loss, leaving statements of cash flows and balance sheets to later stages. This consultation is important to shareholders as users of financial statements and especially of the statements of profit or loss to understand an organisation's main business activities and financial performance.

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