Issue: Vol 0, Issue 1123

Analysis

• The view from HMRC: Dishonest tax agents
• Eclipse: trading revisited
• The private client briefing for May 2012
• Back to basics: Taxation of Islamic finance transactions
• VAT anomalies and suggested changes
• VAT briefing for May 2012
• Ask an expert: HMRC seeking penalty for incorrect share loss relief claim

In brief

• VAT anomalies and suggested changes
• VAT on individual portfolio management services
• Loan relationships and MJP Media
• Civil servants and personal service companies

News

• 'Attacks' on HMRC over PAYE are unfounded, say tax experts
• Mansworth v Jelley losses and judicial review
• People and firms: HMRC, Herbert Smith and KPMG
• Press watch: Financial transaction tax
• PPI compensation: HMRC guidance
• Share schemes: new HMRC guidance
• VAT retail schemes and tax-free shopping: guidance updated
• Stock transfer form guidance
• UK and Barbados sign double taxation agreement
• Hybrid mismatch arrangements: OECD report
• Beneficial ownership and depositary receipts: HMRC guidance
• VAT repayment claim time limits: HMRC guidance
• VAT and vouchers: UK announces rule change as EC proposes reform

Cases

• Banham Patent Locks Ltd v HMRC
• Partito Media Services Ltd v HMRC
• I Cameron v HMRC (and related application)
• M Davies (t/a Special Occasions 2XL Limos) v HMRC
• Benridge Care Homes Ltd v HMRC
• Vehicle Control Services Ltd v HMRC
• Helena Partnerships Ltd (aka Helena Housing Ltd) v HMRC
• Helena Partnerships Ltd (aka Helena Housing Ltd) v HMRC

One minute with

• One minute with ... Eloise Walker

Ask an expert

• Ask an expert: HMRC seeking penalty for incorrect share loss relief claim

Practice guides

• Back to basics: Taxation of Islamic finance transactions

Reports

• VAT anomalies and suggested changes