Issue: Vol 0, Issue 1081

Analysis

• The new branch exemption
• Consultations: A-Z guide
• Back to basics: CT61s and accounting for income tax
• Tax and the City: June 2011 update
• Restructuring and debt-for-equity swaps
• VAT focus: What is a TOGC?

In brief

• Overtaxing the goose
• High-risk tax avoidance schemes: black and white lists must avoid grey areas

News

• Experts welcome Patent Box and R&D proposals
• People and firms: HM Revenue & Customs
• Complaints to the Taxation Disciplinary Board
• Technology will unearth tax evasion, warn HMRC
• Finance Bill: Report Stage
• Debt cap rules: consultation
• Press watch: Corporation tax in confidence
• HMRC manuals updated
• Chargeable gains: indexation
• Climate Change Levy: combined heat and power
• People and firms: Martineau and Ropes & Gray
• People and firms: Birthday honours for HMRC officials
• Ethiopia: double taxation convention
• Inheritance tax incentive for charitable legacies: consultation
• Patent Box and R&D tax credits: consultations
• Finance Bill: Public Bill Committee 9 June 2011
• Mergers Directive: regulations
• Finance Bill: Public Bill Committee 7 June 2011

Cases

• N Pike v HMRC
• M Cudworth (t/a Cudworth of Norden) v HMRC
• JB Little v HMRC
• D & Mrs E Sherratt v HMRC
• C Reid v HMRC
• Estate 4 Ltd v HMRC
• McMullen Holdings Ltd v HMRC

Practice guides

• Back to basics: CT61s and accounting for income tax