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IN BRIEF

Views on recent developments in tax.

A review letter from HMRC cancels discovery assessment, writes Nicole Kostic (RPC).

Gary Richards considers the relevance of IR35 in the light of the recent Office of Tax Simplification’s reports on small company tax and closer alignment of tax and NICs.

Experts at Corker Binning examine how the latest proposals differ from those in the earlier draft.
 
What’s the difference between a business that supplies cash for ATM machines, and a company trading with the enemy during the First World War? There’s no difference at all, according to the tax tribunal.
 

The recent tribunal decision in Stocks Fly Fishery illustrates how the fine detail of an arrangement can affect the VAT outcome, writes Graham Elliott (City & Cambridge Consultancy Ltd).

A watershed moment for tax avoidance litigation?

The government has published the summary of responses to its consultation on company distributions. What does this tell us?
 
Legacy loans from EBTs judged offside.
 

Expect HMRC to act, writes Jessica Parker (Corker Binning)

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