Issue: Vol 0, Issue 1102

Analysis

• The tax tribunals: lessons learnt
• The private client briefing for November 2011
• Salary sacrifice and pensions auto-enrolment
• Back to basics: Roll-over relief for business assets
• Ask an expert: VAT and intra-EU dispatches
• Determining the value of consideration

In brief

• Low Value Consignment Relief: is fiscal neutrality under attack?
• Operational tax risk for financial intermediaries and investors: how do you manage it?

News

• NAO seeks tax expertise as HMRC faces legal challenge on Goldman deal
• People and firms: Saffron Tax Partners, UHY Hacker Young, Grant Thornton
• Bank Levy Manual published
• Inheritance tax toolkit updated
• HMRC launches offshore co-ordination unit
• VAT and Climate Change Levy notices updated
• HMRC interpretations: new guidance on non-business issues
• Sailaway Boat Scheme: concession withdrawn
• Working Together: HMRC guidance on 31 January deadline
• High Pay Commission links tax avoidance protests to anger over executive pay
• Most businesses will not be worried by well-targeted anti-avoidance rule, says IoD
• Tax professionals divided on merits of a general anti-avoidance rule
• Aaronson recommends anti-abuse rule to deter ‘egregious’ tax avoidance
• Double tax relief and enforcement: Armenia, Brazil, China, Ethiopia and Hungary
• Press watch: One Hyde Park
• Real time information: consultation
• National insurance contributions: regulations
• Disguised remuneration: regulations

Cases

• HMRC v London Clubs Management Ltd
• CO Richards v HMRC (and related appeal)
• Aleena Electronics Ltd v HMRC
• GlaxoSmithKline Services Unlimited v HMRC
• A Moran v HMRC
• Masstech Corporation Ltd v HMRC
• D Collis v HMRC

One minute with

• One minute with ... Adam Craggs

Practice guides

• Back to basics: Roll-over relief for business assets