11 Nov, 2022 HMRC statistics: fewer taxable trusts, gradual fall continues By Sean McIntyre Recent statistics published by HMRC demonstrate a fall in the number of trusts paying UK tax. The number of trusts and estates that filed...
30 Aug, 2022 Uncertain tax treatment – employment status and the HMRC CEST tool By Philip Swinburn The employment status of a worker determines how they are taxed. This has been an area of increased scrutiny for the government in recent...
08 Aug, 2022 HMRC statistics show drop in number of non-domiciled taxpayers By Thomas Schlee HMRC have recently published a statistical commentary on the UK tax contributions of individuals claiming non-domiciled status in their...
30 Jun, 2022 Private residence relief – an encouraging decision for self-builders By Thomas Schlee One of the most widely known features of the UK’s capital gains tax regime is private residence relief, which exempts all capital gains...
22 Jun, 2022 Updated Qualifying Asset Holding Company guidance on the activity condition By Rhiannon Kinghall Were HMRC recently updated its guidance on the distinction between trade versus investment in relation to the Qualifying Asset Holding Company...
15 Jun, 2022 New strict liability offence for financial sanctions comes into force today, amongst others By Francis Bond Following the Economic Crime (Transparency and Enforcement) Act 2022’s expedited passage through Parliament in March 2022, the Office of...
25 Mar, 2022 Spring Statement 2022: key announcements for tax compliance By Jackelyn West Sophie Rhind It comes as no surprise that the Spring Statement 2022 is focused on the cost of living crisis exacerbated by the war in Ukraine. As well...
01 Mar, 2022 HMRC updates its guidance on the VAT treatment of contract termination payments By Jack Slater Chris Mortimer After a long wait, HMRC has finalised its guidance on the VAT treatment of contract termination payments in R&C Brief 2 (2022). The...
21 Jan, 2022 The final word on Partial Closure Notices? By Paul Hardwick Last week the Court of Appeal handed down judgment in the Embiricos litigation. (For commentary on the previous Embiricos decisions and...
02 Dec, 2021 Tax Day: points for private client practitioners By Paul Hardwick Tuesday was the UK’s second so-called “Tax Day” and, as promised earlier this month, the Government has published various papers,...
15 Oct, 2021 Uncertainty around Transfer of Assets Abroad regime increases following latest Fisher case judgment By Paul Hardwick The Court of Appeal has now handed down judgment in the long-running Fisher litigation, over-turning the Upper Tribunal’s earlier...
26 Aug, 2021 Is it truly a mistake when you accept the risk of being wrong? By Nicholas Harries Only a year ago, the case of Graham v Lynch [2020] EWHC 986 indicated that the courts may be inclined to exercise their powers to set...
21 Jul, 2021 Legislation Day 2021: the key points for businesses By Jagwinder Kaur On 20 July 2021, the government published draft legislation for the Finance Bill 2021-2022, consultations, and other documents (L-Day)....
02 Jul, 2021 How can HMRC encourage more co-operative relationships with the wealthy and their agents? By Iskra Doukova This is the question which HMRC asked itself, 12 wealthy individuals and 25 agents of wealthy individuals, in a recently published...
18 Jun, 2021 No money for HMRC in Euromoney FTT case By Mark Stichbury Tax practitioners dealing with motive-driven tax reliefs, exemptions or anti-avoidance rules can get caught in seemingly futile debates...
17 May, 2021 Pulling the Tooth out: no concept of staleness By Damiano Sogaro The decision by the United Kingdom Supreme Court in HMRC v Tooth published on Friday is notable for rejecting the existence of staleness...