Issue: Vol 0, Issue 1118

Analysis

• Finance Bill 2012: Debt buy-back legislation
• A big moment for the economy
• The tax agenda for April 2012
• Finance Bill 2012: the new measures
• Tax and the City: April 2012 briefing
• Shop Direct: VAT refunds and trading receipts
• Ask an expert: Gift relief for company shares

In brief

• AH Field and the loan relationships unallowable purpose test
• First Nationwide and dividends from share premium
• The consultation on the taxation of interest
• The Banking Code of Practice

News

• Press watch: Charity tax row
• Senior tax officials say proposed anti-abuse rule may facilitate avoidance
• Tax disputes: HMRC finalises LSS commentary and ADR guidance
• Press watch: Apple, Amazon, Facebook and Google
• Treasury lists changes to draft CFCs legislation
• Tax treaties: Montserrat and South Africa
• Extra-statutory concessions update
• Tax bodies flag professional conduct guidance as new stamp duty schemes emerge
• Investment companies: regulations
• People and firms: Baker Tilly, Berg Kaprow Lewis, UHY Hacker Young, Ernst & Young
• Press watch: Amazon
• Real estate investment trusts: consultation
• India stands firm on retrospective tax law that could reopen Vodafone case
• Working Together on HMRC service delivery
• Easter downtime affects HMRC online services
• Pasty tax would be unworkable, says Greggs boss
• HMRC expects banks to disclose alleged non-compliance with code of practice
• People and firms: Smith & Williamson
• Government plans 45 tax consultations
• Transfer pricing rules need to be simpler and more robust, says OECD forum
• Gift Aid Small Donations Scheme: consultation
• Income tax and interest: consultation
• Manufactured payments: consultation
• Climate change levy: regulations
• Landfill tax: regulations
• Simplifying small business tax: consultation
• Plumber jailed for 12 months after admitting tax evasion
• Lord Hollick backs country by country reporting as NGOs focus on EC initiative

Cases

• Mrs EM Ramsay v HMRC
• JA McLaughlin v HMRC
• S Moher (t/a Premier Dental Agency) v HMRC
• B MacMahon (t/a Irish Cottage Trading Co) v HMRC
• TI Khawaja v HMRC (No 2)

One minute with

• One minute with ... Graham Elliott