Inside this edition Health in the workplace. 1 Ring-fencing rental losses 2 Bright-line breach warning 3 Reimbursing allowances 3 Snippets. 4 Cryptocurrency and tax............................. 4 Commonwealth Games............................. 4 All information in this newsletter is to the best of the authors' knowledge true and accurate. No liability is assumed by the authors, or publishers, for any losses suffered by any person relying directly or indirectly upon this news

Dividend stripping Business structures tend to evolve gradually over time, and many successful commercial operations grow by adding additional companies or trusts on an ad hoc basis, until the resulting structure becomes somewhat unwieldy. There is then a need to streamline the business’s legal structure by inserting a holding company, providing a common point of ownership and simplified management and administration. However, a provision within the Income Tax Act, commo