Tax Journal's coverage of the Summer Finance Bill.
HMRC is consulting until 2 September 2015 on options for legislating the tax and NICs treatment of income from sporting testimonials, to replace the existing extra-statutory concession which is due to be withdrawn after 5 April 2016.
Malcolm Finney asks whether time is running out for non-doms following the Summer Budget.
The first Conservative Budget for 19 years sees ‘Osborne unbound’, writes Chris Sanger (global head of tax policy, EY) in Tax Journal. This was ‘a reforming Budget’ which sets out plans for a lower tax future ‘but boosts the exchequer’s coffers greatly in the short term’.
Interaction between EIS relief and CGT relief
Expert insight on one of the most powerful weapons in HMRC's arsenal
In this month’s briefing, Andrew Goldstone and Stuart Crippin (Mishcon de Reya) review the key developments in the private client arena, including setting aside a trust which had triggered unexpected tax charges; the availability of entrepreneurs’ relief on the disposal of an asset used in a business; the accelerated payment notices regime; Samarkand and HMRC guidance; and a case highlighting the investment nature of furnished holiday lets.