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IN BRIEF

Views on recent developments in tax.

The government is consulting on a review of the UK funds regime.
Card image David Klass Gideon Sanitt David Milne KC Robert Langston Jonathan Cooklin Stephen Pevsner Keith Gordon
Entrepreneurs relief anti-forestalling measures render ineffective two planning strategiesThe headline of the Budget for advisers was the restriction of entrepreneurs relief to 1m. This was widely expected and many individuals...
There is case law to tax outright profiteering from toilet rolls.
The European Commission has provided additional details of its forthcoming tax plans, some of which were alluded to in the Commission’s work programme for 2020.

The tax affairs (and, more specifically, the tax returns) of partnerships and partners continue to create more than their fair share of controversy and procedural dispute. The latest is the First-tier Tribunal decision in Grinyer [2020] UKFTT 64 (TC).

In our continuing series, Heather Self examines the tax issues that make the headlines in the national media. This week, should the chancellor reform NICs?
What is the single best thing you can do for your corporate clients this week?  
TCGA 1992 s 248A should be amended so that Scottish taxpayers are not unfairly excluded from relief, argues Susan Cattell (ICAS).

Scotland’s Devolved Taxes Legislation Working Group publishes an interim report calling for views on the tax policy making process. 

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