Commentary prepared by the Tolley tax team on the draft Finance Bill 2015 rules on:
Simon McKie (McKie & Co) argues why HMRC’s tax gap figures might actually have been overestimated rather than underestimated
Professor David Ulph (University of St Andrews) takes a look at possible causes and consequences of the complexity of the UK tax system
Jolyon Maugham (Devereux Chambers) writes that morality has its uses. As a tool for delivering tax outcomes it is highly imperfect, but the law falls into disrepair when it does not keep pace with changing mores.
Tolley commentary on the draft tax legislation for Finance Bill 2015
Graeme Nuttall OBE and Jennifer Martin explore the conditions for payment of income tax free bonuses by companies controlled by employee-ownership trusts.
Which taxpayers should review their position following the CJEU decision in EC v UK regarding TCGA 1992 s 13)? Peter Cussons, international corporate tax partner at PwC, considers the implications for taxpayers and believes further amendments to the legislation could be possible.
Views from tax experts. To submit a view, email paul.stainforth@lexisnexis.co.uk.
Giles Salmond (Eversheds) provides his perspective on PPG and recent decisions of the CJEU, and looks at where this leaves us
The Autumn Statement unveiled some immediate changes to the oil and gas fiscal regime and, more importantly, an agenda for further reform was announced. Claire Angell (KPMG) reviews the announcements and related priorities for companies