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.
If the new government wants to raise tax receipts without raising rates, could changes to payment due dates provide the answer? Andrew Hubbard (Baker Tilly) explains.
Whilst there will be no repeal of the non-dom rules, we can expect further tinkering, writes Mark Davies (Mark Davies & Associates).
The tribunal has decided that a scrip dividend is capital in the hands of trustees, and therefore subject to the IHT exit charge, writes Peter Vaines (Squire Patton Boggs)
Andrew Goldstone and Helen Manis (Mishcon de Reya) review the latest developments that matter in the private client arena
The Coalition Agreement promised that the coalition government ‘will make every effort to tackle tax avoidance’. Graham Aaronson and Steve Bousher (Joseph Hage Aaronson) give an end of term report on the coalition’s record in dealing with tax avoidance
Andrew Goldstone and Katherine Forster (Mishcon de Reya) explain how the new rules work in practice
Anne Fairpo (Temple Tax Chambers) assesses the impact of the FA 2015 changes on the tax treatment of goodwill
The latest changes to entrepreneurs’ relief do not suggest a clear pattern in HMRC’s views as to what is acceptable tax planning, writes Andrew Roycroft (Norton Rose Fulbright)