Paul Davies

Paul Davies

Paul Davies MA (Cantab), ACA CTA is a specialist tax writer at Croner-i, published by Croner-i Ltd, where he specialises in corporate tax. Before joining in 2013, he managed the worldwide tax affairs of a small but fast growing international IT company in the communications sector after having spent 16 years as head of tax for Northern Rock. He trained at Price Waterhouse and has a degree in economics from Cambridge University.

Tax / Corporate trade and asset sales: intangibles – part 2

Croner-i tax writer Paul Davies FCA CTA examines the tax consequences of the disposal of asset types, including intangible fixed assets and capital allowance assets

Tax / Trade and asset sales: tax implications - part 1

Croner-i tax writer Paul Davies FCA CTA unpicks the tax implications of trade and asset sales by a company to an unconnected third party looking at how every component of the sale can have an impact on tax efficiency

Tax / Tax liability for non-UK resident companies

The scope of the charge to tax on non-UK resident companies is not only complex but will soon have a broader reach following a series of rules introduced in Finance Act 2019. Paul Davies CTA ACA, tax writer at Croner-i, assesses the changes to tax on chargeable gains already effective and plans to extend this to income tax from 2020

Tax / Goodwill, tax and amortisation relief post-1 April 2019

From the new tax year, businesses will have to deal with a revision to the tax treatment of amortisation relief for purchased goodwill and certain other customer-related intangibles and relevant assets. Paul Davies ACA CTA examines the rule change and impact on business tax compliance

Tax / Indirect trade demerger: chargeable gains position – part 2

In the second article of a two-part series on demergers, Paul Davies ACA CTA, tax writer at Croner-i, investigates how to ensure there is no disposal for capital gains purposes by the distributing company’s shareholders of their interests in the distributing company

Tax / Indirect trade demerger: avoiding income tax charge – part 1

In the first article of two parts on demergers, Paul Davies, tax writer at Croner-i, investigates how to achieve a tax effective separation of a company’s trading activities using an indirect trade demerger, outlining the conditions that must be met for the shareholders of the distributing company to avoid an income tax charge 

Tax / Court of Appeal upholds HMRC practice of loss streaming

HMRC has had its practice of loss streaming in relation to transfers of trade validated in the Court of Appeal in Leekes Ltd v Revenue & Customs Commissioners [2018] BTC 21. Paul Davies CTA ACA, tax writer at Croner-i, takes a closer look at the decision

Tax / BEPS minimum standards: review of recent developments

Paul Davies, tax writer at Croner-I, takes a closer look at recent development in relation to the four Base Erosion and Profit Shifting (BEPS) minimum standards covering transfer pricing, country by country reporting and dispute resolution

Tax / Intangible fixed assets: changes to the tax rules

In a bid to curb the use of related party transactions to increase the base costs of intangible fixed assets, the government has introduced measures to change the tax treatment and plans further consultation on intangibles rules in relation to intellectual property. Paul Davies, tax specialist writer at Croner-i, reviews recent developments

Tax / Taxing royalties in the digital economy: do the plans make sense?

A proposed tax on royalties at the giant digital multinationals announced in the last Budget and now out for consultation is supposed to curb profit shifting but will the royalties withholding tax produce the desired effect? Paul Davies CTA ACA, tax writer at Croner-i, examines the proposals

Tax / Budget 2017: key corporation tax changes for business

Paul Davies ACA, specialist tax writer at Croner-i, gives a round-up of the key changes to corporate taxes announced in the Budget, from freezing the indexation allowance on chargeable gains to the increase in R&D relief and tightening of the corporate interest restriction rules

Tax / Corporate loss relief reforms: tax overhaul for business

Paul Davies ACA, tax writer at CCH, looks at changes to corporate loss-buying rules in light of the corporate loss relief reforms and a raft of complex tax avoidance measures supporting the revised approach, effective retrospectively from 1 April 2017

Tax / Substantial shareholding exemption (SSE): company disposals and tax

The substantial shareholding exemption (SSE) can be a powerful relief from chargeable gains for corporate taxpayers but there are circumstances where it has not always been clear whether the qualifying conditions are met, explains Paul Davies, tax specialist writer at CCH

Accounting / Lease taxation under IFRS 16 – part 2

In part two of our series on lease taxation under IFRS 16 Leases, the new accounting standard set to come into use in 2019, CCH tax specialist writer Paul Davies considers the pros and cons of HMRC's initial proposals for different variations on accounts based regimes using a leasing or capital allowance approach

Accounting / Lease taxation under IFRS 16 – part 1

The introduction of the new IFRS 16 Leases effective for accounting periods from 1 January 2019 will have a radical effect on the taxation treatment under the revised accounting rules. Although the final HMRC approach is still under review, the changes will be significant. Paul Davies, CCH tax writer, considers the key issues in the first of an exclusive two-part series