The budget deficit is down significantly this year and should come in below official projections despite global economic worries, David Smith writes.
Chris Morgan (KPMG) reviews the international tax developments that matter,
Peter Jackson (Taylor Wessing) examines the tax issues surrounding a UK REIT group which wishes to purchase shares in a UK resident and a non-UK resident SPV.
Mark Middleditch (Allen & Overy) reviews the latest tax developments that matter affecting the City.
The CIOT and ATT has recently surveyed its members on HMRC powers. Jon Preshaw, chair of the CIOT’s Management of Taxes Sub-committee, and Margaret Curran, technical officer for the Management of Taxes Sub-committee, report.
As part of a package of measures, the Ministry of Justice (MoJ) is proposing to introduce a split-fee structure for the Tax Chamber of the First-tier Tribunal or the Upper Tribunal (Tax and Chancery). Nick Skerrett (Simmons & Simmons) comments on what's proposed.
Steven Bone (The Capital Allowances Partnership Ltd) answers a reader query.
Highlights from Tax Journal's recent coverage.
Lee Squires and Fiona Bantock (Hogan Lovells) review the VAT developments that matter.