Issue: Vol 0, Issue 1051

Analysis

• The IRS uncertain tax position initiative
• Revenue watch: HMRC’s changing customer service
• International review
• Practice guide: Event & entertainment services: 2010 changes
• Pension tax relief from 2011/12
• Capital Air Services and Tax Tribunal costs
• Case study: UK holding company: pros and cons

In brief

• UK bank levy: review of the draft legislation
• Feedback on legal professional privilege
• Important changes ahead for VCTs

News

• Tax protestors 'close' Vodafone shop
• Campaigners welcome consultation on country-by-country reporting
• Treasury Committee to probe operation of HMRC
• Finance Bill: Committee debates 26 October
• Tax experts oppose HMRC cuts package
• Swiss banks tax deal protects evaders’ identities
• Capital allowances: environmentally beneficial technologies
• Emissions allowances: VAT zero rate abolished
• Tax credits and paternity leave
• Child Trust Funds: providers
• Tax returns: 31 October deadline for paper returns
• Office of Tax Simplification goes on tour
• Bankers flag double taxation risk
• ARC: HMRC will be ‘half the size it was a few years ago’

Cases

• Furniture Finders of Winsford Ltd v HMRC
• Cirencester Rugby Club v HMRC
• Ethical Trading Initiative v HMRC
• JS Torkington v HMRC
• Capital Air Services Ltd v HMRC
• HMRC v Weald Leasing Ltd

Practice guides

• Practice guide: Event & entertainment services: 2010 changes
• Case study: UK holding company: pros and cons