Issue: Vol 0, Issue 1069

Analysis

• Capital allowances on UK property purchases
• HMRC on Weald Leasing and RBS Deutschland
• The upgraded SDLT enquiry regime
• OTS Review of Tax Reliefs
• Tax and the City: March '11 review

In brief

• Thin Cap GLO: the EU and national direct taxation
• NICs on contributions to FURBS: Forde & McHugh Ltd v HMRC
• VAT: draft legislation on business entertainment of overseas customers
• The OTS Review of Reliefs: a practitioner's view
• UK companies' different approaches to iXBRL

News

• People and firms: Institute of Indirect Taxation
• An unfair tax system will not command consent, MPs warn
• Tax Journal survey: Two thirds oppose a GAAR
• UK and Anguilla: Tax Information Exchange Arrangement
• Press watch: Axe the 50% rate, says IoD
• UK and Oman: Double taxation agreement
• Corporation tax and iXBRL: reasonable excuse
• Notifying changes of circumstances online
• HMRC manuals updated
• HMRC online services downtime
• Fundamental reform could make IR35 obsolete, says OTS
• Increased fees for payment of tax by internet: regulations
• Loan relationships: regulations
• Climate change levy: regulations
• Stamp duty reliefs: regulations
• Tax tribunals: regulations
• Insurance premium tax: regulations
• Plant and machinery leasing: anti-avoidance measure

Cases

• HMRC v Futter & Others (aka Futter & Cutbill v Futter & Others)
• Pertemps Recruitment Partnership Ltd v HMRC
• Mason & Others v Mills & Reeve