In the recent case of Murphy v HMRC, Chamberlain J agreed with HMRC’s interpretation of extra-statutory concession B18. He found that UK...

At the end of 2018, various jurisdictions introduced economic substance legislation, requiring certain entities to demonstrate...

Her Majesty’s Revenue and Customs (HMRC) maintained that no additional UK value added tax (VAT) would be payable by owners of pleasure...

The judgment handed down by the Royal Court of Jersey in the matter of the May Trust has provided an interesting insight into not only...

The Law Society held their annual Private Client Section conference on 1 and 2 July, which rounded off with a talk on the future of legal...

This is the question which HMRC asked itself, 12 wealthy individuals and 25 agents of wealthy individuals, in a recently published report

The case of Balhousie Holdings Ltd v HMRC concerned the zero-rated supply of a newly constructed care home. The key issue was whether the...

Tax practitioners dealing with motive-driven tax reliefs, exemptions or anti-avoidance rules can get caught in seemingly futile debates...

The global transition towards net zero will fundamentally change the dynamics of the world’s largest companies. Responsible investing...

The Office of Tax Simplification (OTS) is in the process of exploring a potential change to the end of the UK tax year for individuals.

As...

Back in March I wrote about the Treasury Committee’s report entitled Tax after Coronavirus which considered, amongst other things, a...

An old saying goes “put not your trust in money; put your money in trust”. Is this still true when so many trusts now need to be...

The FT has reported that the Office for Budget Responsibility’s forecasts for public borrowing may well be overstated. If true, the...

The decision by the United Kingdom Supreme Court in HMRC v Tooth published on Friday is notable for rejecting the existence of staleness...

There has been public debate over using wealth taxes as a way to fund the massive government spending during the Covid-19 pandemic. But...

Transparency has been a major global focus in recent years, leading to the introduction of measures such as the Common Reporting...